Man City could have bankrupted a while ago: What saved them before they became one of the largest clubs

Former England President Shawn Wright-Phillips has discovered how his former club, current Premier League champion Manchester City, was rescued from bankruptcy thanks to his sale. Manchester City, with its wealthy owners from the United Arab Emirates, has become the most dominant force in English football, winning seven of the last eight titles [...]
Manchester City, with its wealthy owners from the United Arab Emirates, has become the most dominant force in English football, winning seven of the last eight titles of Premier League.
However, for fans of this club it could have been much worse if it hadn't happened to sell Shaw Wright-Phillips, at least if his last statement was believed, writes Telegraph, broadcast Periscope.
City wasn't always rich. Three years before being taken over by Abu Dhabi United Group, the club by Manchester was a publicly traded company listed in the independent stock market.
Three years before moving to Arab hands, Manchester City was in big financial trouble and was forced to sell players to survive. /Periscope/












