When I first saw the headline that Manchester City was reporting a calendar year loss of £194.9 million I thought that I must have read it incorrectly.

On the pitch, City has collected top players such as Edin Dzeko at £27m, David Silva at £26m, Mario Balotelli, Yaya Toure and Samir Nasri all at £24m, and Aleksandar Kolarov for £19m. Collectively, Manchester City has spent more than £150m on players in the last fiscal year; the team’s player payroll is currently at £174m.

Via: http://bleacherreport.com