Manchester City chairman Khaldoon Al Mubarak has praised former chief executive Garry Cook for his work in propelling the Blues towards football's elite.

Although the headline figures in results that were released by City were an overall loss of £194.9million and wage costs that have spiralled to £174million, a rise in commercial, matchday and media revenues give some credence to the opinion that they will never post such poor figures again.

And for that, Khaldoon believes Cook deserves praise, saying: "It is important to recognise that much of the work covered in this report occurred under the stewardship of Garry Cook. I want to take this opportunity to formally thank him for his contribution to the extensive transformation of the organisation."

Copyright (c) PA Sport 2011, All Rights Reserved.

Topics:
#Manchester City
#Chelsea
#Premier League
Flag article