Manchester city’s latest annual financial report shows that the club are finally becoming self-sufficient. 2016 was the first year since their takeover in 2008 that owner Sheikh Mansour didn’t need to inject the club with cash. In revenue terms, their second only to Manchester United, recording a total 392 million pound for the 2015-16 season, an eleven percent growth on the previous year. This total breaks down in to 178 million in commercial income, 52.5 million in matchday, and a 161 in broadcasting income, bolstered by their lengthy run in the Champions League. The club also made a 20.5 million pound profit after tax, only their second of the current establishment, continuing their positive trend of growth. However it hasn’t always been this rosy. In 2011 Manchester City made a loss of 197 million pound, the largest ever recorded in English football. In 2013 they were subsequently charged by UEFA for failing to comply with the break-even rule of financial fair play. For this they will find 16 million pound and the punishment included being prevented from increasing their wage bill in 2015 and 2016, now with 59 percent of the 1.2 billion invested by their owners since 2008 being spent on player acquisition, City’s wage bill was often turbulent and always growing. These sanctions therefore presented something of a problem for the club One method that the club used to negotiate this sanction was the outsourcing of staff. Manchester City are owned by parent company City Football group who also owned Melbourne City and New York City, as well as a minority stake hold in a Japanese J League team. In 2013 Manchester City employed a total of 449 staff. By 2016 the speaker was down to 320. Rather than losing workers, the club actually transferred their employment to accompany working with City Football group. This company is now responsible for their salaries and in turn bills CFG and the club to cover the cost. In Manchester City’s accounts the cost of this is transferred from the salary section to be included in other expenses, an area accounting for everything from the cost of running the stadium to paying off managers who were sacked before their contract ends. After 2013 the club’s wage bill dropped and despite continuing to sign expensive new players, it never rose to pre drop levels. In fact Manchester City’s wages to turnover ratio is now at fifty percent, considered very healthy for a football club. This is quite an achievement considering that not too long ago the club’s wages amounted to more than that total revenue. Whilst this action wasn’t solely responsible for the drop in wages, it did contribute to it and the sensible planning of chairman Khaldoon al-mubarak and chief executive Ferran Soriano has helped Manchester City become one of the most financially stable clubs in the the Premier League.