Sheikh Mansour has committed £770M to his Man City
Monday, 14 September 2009
Sheikh Mansour has committed a mind-blowing £770 million to Manchester City since taking control of the club last year, it has been revealed.
The Times says City’s billionaire owner has committed £770.986 million, which includes the £200 million it cost to buy the club, the £342.786 million committed on players’ contracts and £10 million spent on improving the Carrington training headquarters, City of Manchester Stadium and the club’s academy.
Mark Hughes, the City manager, has spent £140 million on six leading players this summer and £218.2 million in transfer fees in total since Sheikh Mansour’s takeover, during which time City’s annual wage bill has more than doubled to just under £95 million.