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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

Wow !!! ..Things can only get better who would have believed it !!!
alphieblues
Breaking news or what!
Tudor
Sounds promising! No news from the club yet.
oliverblue
We've been bought outright - £200million
Tudor
Will Messi & Kaka be their first new signings ???
alphieblues
Frank to stay on as honoury President!
Tudor
They have ambitions of a "top 4 finish this season".
oliverblue
so have we .....................
villian?umhu
Yes, we are the richest club in the world - by far,
Tudor
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
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
What a rollercoaster.
Johnny Baguette
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
Wicked! SWP & Money, what more can you want!
mcfcthriller
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
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
Do I dream .. OUCH
city 81
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
Very exciting times ahead for Manchester City.
Markcity
 

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