Manchester City Football Club CEO Ferran Soriano speaks at a news conference to announce the partnership between Manchester City Football Club and the New York Yankees to form a Major League Soccer (MLS) expansion club, New York City FC, in New York, May 22, 2013. REUTERS/Mike Segar
DUBAI (Reuters) - Manchester City will break even this season, their chief executive said on Tuesday as he refuted the idea their losses of 150 million pounds ($245.99 million) in the last two campaigns breached Financial Fair Play rules.
Since being bought by Abu Dhabi's Sheikh Mansour bin Zayed al-Nahyan in 2008, the club have been transformed from a mid-table English Premier League outfit to one of Europe's richest.
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