Manchester City won the Premier League for the first time in 2011-12 Continue reading the main story Business of Sport Hawk-Eye aims for football expansion Selling Roma and Milan on social media Tackling football's big money issues What will Man Utd sell off next? Manchester City has revealed that its financial losses for 2011-12 have halved from a year earlier. The Premier League champions announced a pre-tax loss of £93.4m, down from £189.6m in 2010-11. Revenues increased 51% to £231.1m, with the club's first appearance in the Uefa Champions League contributing more than £22m in new revenue. The club's sponsorship deal with Etihad Airways helped commercial partnership revenue double from £48.5m to £97m. City's operating loss also improved from a record £194.9m to £104.1m. Uefa's Financial Fair Play rules, which say clubs must break even over three years, come into full effect in 2013-14. Investment impact ...