English Premier League lost a total of $560 million despite a record $3.6 billion in income during the 2010-11 season.

Manchester City, in the third year since Sheikh Mansour bin Zayed Al Nahyan bought the club, lost $308 million -- the greatest financial loss in the history of soccer.

Chelsea lost the next highest amount, $106 million, bankrolled by their owner, the Russian oligarch Roman Abramovich, who loaned $147 million to the club during 2010-11 season. Liverpool, owned American John Henry's Fenway Sports Group, lost $78 million.

Of the clubs that were in the Premier League in 2010-11, the year of most clubs' latest published accounts, eight made a profit, of $152 million in total.