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Abu Dhabi United Group Buy Manchester City

Abu Dhabi United Group Buy Manchester City

Abu Dhabi United Group for Development and Investment (ABUG) has bought Manchester City Football Club for an estimated £200million.

Dr Sulaiman Al Fahim will represent ADUG on the new board of Manchester City.

Abu Dhabi Royal Family are behind the company with assets believed to be 10 times that of Chelsea owner Roman Abramovich, who, according to Forbes is worth a mere US$23.5 billion.

Al Fahim, who led negotiations said...

'Our goal is very simple - to make Manchester City the biggest club in the Premier League, and to begin with, to finish in the top four this season.'

Al Fahim continued...

'We will adopt marketing plans that reflect positively on the club and the company from investments in all sectors of television marketing and purchasing of the star players, as well as development of infrastructure facilities at the club.'

Manchester City FC is expected to make an official announcement later today.

Just in case you wanted to know what Abu Dhabi looks like.





Writer:Tudor
Date:Monday September 1 2008
Time: 12:45PM

Comments

0
exciting times for City fans, you'll be a while getting close to Chelsea & United!
Gleeson_23
01/09/2008 12:53:00
0
Yes Gleeson it will probably take at least six months.
alphieblues
01/09/2008 13:00:00
0
Breaking News ! City bid £28m for Berbatov !!!
alphieblues
01/09/2008 13:01:00
0
top 4 THIS season??? bit pushy dont ya think?
mattyg
01/09/2008 13:06:00
0
Its wat chelsea did when they got taken over from abra. So all is possibe not unless thay have had something up there sleeves. Its good to finally hear a new owner came in so we can stop hearing about sina.
dunne deal
01/09/2008 13:09:00
0
Its been a great week so far SWP back were he belongs. Trough in the uefa cup. Win on sunday new owner What more can u ask for what a week
dunne deal
01/09/2008 13:10:00
0
PL is just becoming a millionaires playground, going to kill it imho!
The Fear
01/09/2008 14:17:00
0
Millionaires lol. In our case we are talking about multi billionaires.
Tudor
01/09/2008 14:23:00
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