MANCHESTER City today posted annual losses of more than £90m and revealed that billionaire owner Sheikh Mansour has converted £305m worth of loans into equity - meaning the club carries no debt.The figures, announced for the year to the end of May 31 2009 and posted on the official club website, covers the first year of ownership of Abu Dhabi royal Sheikh Mansour.Since buying the club from disgraced ex Thai premier Thaksin Shinawatra, Sheikh Mansour has pumped millions of pounds into transforming City on and off the pi......for the full story register now for free or login below...