Manchester City, the Premier League’s dominant team for much of the past decade, announced on Wednesday it had spent more on player salaries last season than any team in British soccer history, paying out more than $500 million as it claimed English and European championships. Cup and its first Champions League title — completing a so-called treble that only one English team had previously managed to do. City now trails only Barcelona in how much it pays its players in salaries, but unlike that Spanish superteam City’s expenditure has not resulted in financial crisis. Instead, City also announced record revenues of 712.8 million pounds, or almost $900 million — another British record — for the year through June 2023. The club’s annual statement also boasted a profit of 80 million pounds, double what it reported a year earlier.

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Persons: Sheikh Mansour bin Zayed al Nayhan, City, Pep Guardiola Organizations: Manchester City, League’s, United Arab Emirates, Premier League Locations: Manchester, Spanish, City, Barcelona