Matches in DBpedia 2016-04 for { <http://dbpedia.org/resource/Manchester_City_F.C._ownership_and_finances> ?p ?o }
- Manchester_City_F.C._ownership_and_finances abstract "The Ownership of Manchester City Football Club traces back to 1894, when Ardwick A.F.C. dissolved and were reformed as Manchester City Football Club Ltd. Over recent years, the ownership and finances of Manchester City Football Club have been tumultuous with various owners of contrasting fortunes much in line with their inconsistent trend on the pitch and the club's hierarchy maintain the club is in a period of \"significant transformation\".Since August 4th 2008, the club has been owned by Sheikh Mansour, one of football's wealthiest owners, with an estimated individual net worth of at least £17 billion with a family fortune of at least $1 trillion Sheikh Mansour bought the club in 2008 for £210 million in a much publicised deal and has since accumulated annual losses of £535 million, excluding approximately £200 million on facility upgrades. However the value of the club has soared nearly fivefold from £210 million in 2010 to £900 million in 2015 according to Forbes representing a realistic opportunity of profit on Mansour's investment if he was to sell the club to a willing buyer.The club's most recent financial report in November 2015 showed a £10 million profit following the elimination of amortised transfer fees and a reduced salary bill which was incurred during the early years of Mansour's investment - both of which allowed a £100 million net spending on transfers in summer 2015. In the 2014-15 season, the club are the second richest football club in England England by revenue and overall are the sixth worldwide with a revenue of €463.5m according to Deloitte, and have been consistently in the Europe's Top 20 since 2004.".
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