Financial Fair Play: "I'm not worried at all" (Ferran Soriano, Manchester City)

"We are working to achieve financial balance this season," said Ferran Soriano, CEO of Manchester City (Premier League), at a conference in Dubai on 11/02/2014. On 29/01/2014, the "Citizens" announced a recorded net loss of £51.6m (€62.9m) in 2012-13.

Despite a cumulative net loss of €182.2m over the 2011-2013 period, €45m higher than allowed by...