It’s City’s first league defeat since February

[Kontol]

I heart the commentator say "It’s City’s first league defeat since February" when I watched a Liverpool and Man City match. Could you explain what "it" refers to?

 

[5jj]

Well, in this Guardian report, it is the situation covered by "That was just a fantastic game of football. It had almost everything: aggro, skill, courage, a wonderful save, controversy, near misses, comedy petulance, fascinating tactics, a glorious winning goal from Mo Salah – and, most importantly of all, the kind of relentless intensity you only get when two truly great teams are engaged in a longstanding rivalry."

 

[emsr2d2]

I heard the commentator say "It’s City’s first league defeat since February" when while I watched was watching a Liverpool and v Man City match.

 

[jutfrank]

It = the outcome of the match, i.e., the defeat.