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 . The latest figure represents the fourth highest deficit in the English game -- three of which belong to City since the arrival of its Abu Dhabi owners in 2008 . Owner Sheikh Mohammed bin Zayed injected $ 273 million to keep the club debt free . 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 . Owner Sheikh Mohammed bin Zayed injected $ 273 million to keep the club debt free . City paid more than $ 325 million in player wages -- the first English club to reach that level .