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City Sold??

arabianbusiness.com is reporting that Manchester City has been taken over by the Abu Dhabi United Group for Development and Investment (ABUG)

And I quote....

'Premier League football club Manchester City has been taken over by the Abu Dhabi United Group for Development and Investment (ABUG), Arabian Business can reveal.

The deal was struck late on Sunday night between the club`s former owner Dr Thaksin Shinawatra, former Prime Minister of Thailand, and ADUG.

ADUG will be represented on the new board of Manchester City by Hydra Properties CEO Dr Sulaiman Al Fahim.

Click on the following link for more details.






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The journalist

Writer: Johnny Baguette Mail feedback, articles or suggestions

Date:Monday September 1 2008

Time: 10:22AM

Your Comments (oldest first)

Change to most recent first
Wow !!! ..Things can only get better who would have believed it !!!
alphieblues
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01/09/2008 10:29:00

Breaking news or what!
Tudor
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01/09/2008 10:35:00

Sounds promising! No news from the club yet.
oliverblue
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01/09/2008 10:45:00

We've been bought outright - £200million
Tudor
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01/09/2008 10:47:00

Will Messi & Kaka be their first new signings ???
alphieblues
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01/09/2008 10:49:00

Frank to stay on as honoury President!
Tudor
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01/09/2008 10:52:00

They have ambitions of a "top 4 finish this season".
oliverblue
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01/09/2008 11:01:00

so have we .....................
villian?umhu
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01/09/2008 11:10:00

Yes, we are the richest club in the world - by far,
Tudor
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01/09/2008 11:13:00

Manchester City advisor Pairoj Piempongsant is now photographed here: http://www.arabianbusiness.com/529580-abu-dhabi-seals-deal-for-manchester-city?ln=en
Johnny Baguette
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01/09/2008 11:13:00

with less than 14 hours to transfer deadline, We wont make it with this team just yet, still top 10. Sorry to see Charlie go.
Buzz Lightyear
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01/09/2008 11:13:00

What a rollercoaster.
Johnny Baguette
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01/09/2008 11:20:00

The man behind the story for arabianbusiness.com is Anil Bhoyrul the former Daily Mirror business journalist who was investigated over the so-called 'City Slickers' share tipping scandal along with the paper's then editor, Piers Moron.
Johnny Baguette
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01/09/2008 11:23:00

Wicked! SWP & Money, what more can you want!
mcfcthriller
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01/09/2008 11:24:00

CITY OFFICIAL STATEMENT: Manchester City Football Club can confirm that there are discussions ongoing with the Abu Dhabi United Group Investment and Development Limited with regards to investing in the football club. A further statement will be released by the Club when it is appropriate to do so.
Johnny Baguette
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01/09/2008 11:24:00

Official announcement from the Club at 12.08 pm " Manchester City can confirm that a Memorandum of Understanding has been signed between the Abu Dhabi United Group (ADUG) and Manchester City Football Club. A period of due diligence for all parties, including the FA Premier League has now been entered. A further statement will be released by the Club in due course.
alphieblues
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01/09/2008 12:28:00

Do I dream .. OUCH
city 81
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01/09/2008 13:06:00

Its goign to b sad to see corluka go he had a great season for us last year onr of the best out on the pitch
dunne deal
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01/09/2008 13:07:00

Very exciting times ahead for Manchester City.
Markcity
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22/10/2008 18:44:00

 

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