English champion Manchester City posts loss of $ 158 million for 2011-12 season . Its revenues rose to a record $ 374 million after winning title and playing in Champions League . That equates to more than $ 890,000 a day . Comment: City paid more than $ 325 million in player wages -- the first English club to reach that level .
English champion Manchester City posts loss of $ 158 million for 2011-12 season . Its revenues rose to a record $ 374 million after winning title and playing in Champions League . Comment: City paid more than $ 325 million in player wages -- the first English club to reach that level .