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Taxpayers must pay the freight for over-budget train projects
Topic - Ferran Soriano
Manchester City lost more than $85 million in a year, exceeding the amount allowed under UEFA's Financial Fair Play rules.
NEW YORK (AP) — Jason Kreis quit Real Salt Lake to become coach of the expansion New York City FC because he wanted a new challenge.
Manchester City hired Manuel Pellegrini as manager Friday, entrusting a man nicknamed "The Engineer" with constructing a team to reclaim the Premier League title and become a force in the Champions League.
A day after New York City FC was born, Claudio Reyna became the team's first employee.
Hoping their baseball success will translate to titles in another sport, the Yankees are combining with English power Manchester City to own a Major League Soccer expansion team in New York that will start play in 2015.
"Growing revenues and controlled expenses are bringing the club to break-even in the immediate future and profitability thereafter," chief executive Ferran Soriano said.
"In all our teams, we want to play a certain kind of football," Man City chief executive Ferran Soriano said. "And the order of things is: first the philosophy, first how we want to play; then we choose a manager that likes the philosophy and is able to execute it; then we play good football; and then we win. We cannot jump ahead of that."