Still lower than ours, give them time I guess.
Maybe not any more, what is yours?
This guy usually makes for good reading (despite being an Arsenal fan): http://swissramble.blogspot.com/search/label/Manchester%20City
Just edited my post, our wage bill is €220m euro (185m pounds). This, however, includes the wages of all our sporting sections (football, basketball, handball, roller hockey, etc...).