Munchester City (also known as Man UOI) made a financial loss of £121m in the 12 months to 31 May 2010, the first full year of ownership by Sheikh Yermoney bin Zayed Al Nahyan. Their income was £125m and their wages bill was £133m, up from £83m.

Put another way Manchester UOI spent £8m more than their entire turnover on wages alone.

Of course Sheikh Yermoney’s wanted his investment to be the biggest and the best, but at over £500m he still only has the second biggest financial loss in the Premier League’s history. Exam Report: Must Try Harder.

The highest loss was the KGB in Fulham, who (rather carelessly I thought), lost £141m in 2004-05. Pesky creatures these Russians. Next thing you know they’ll be invading Afghanistan.