Manchester City chairman Khaldoon al-Mubarak insists they'll reach "profitability" next year.
Khaldoon has said the club will not suffer FFP sanctions again.
He told the club's website: "This year, we will break even. Next year, we will go into profitability. We will keep investing in the club, we will keep investing in youth, we will have a sustainable project, in Manchester and across the board in the city football group.
"We have zero debts, We don't pay a penny to service any debts. For me, that is a sustainable model. However, our friends in UEFA seem to believe otherwise. They have their view, we have ours.
"I disagree with their views but we are pragmatic and one thing our fans need to know, we will do, as always, what is best for this club. If it means sometimes to take a pinch, we will take a pinch and move on.
"We will be pragmatic and know we have the right model and we believe in it and it is the right model and it will not compromise us and the strategy we have started and will continue to implement."
