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Thursday briefing: City Football Group reveals £122.2 million loss

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City Football Group (CFG) has reported a pre-tax loss of £122.2 million for the 2023/24 season, despite Manchester City making a pre-tax profit of £103.4 million.

These latest figures bring CFG’s overall losses to £972.8 million since the holding company was first established in 2013.

The UK-based holding company’s now recorded a loss greater than £100 million for the last three successive years.

Record revenue for CFG

Although CFG

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