In December 2015, ADUG
divested a 13% shareholding to a China Media Capital-led consortium, creating an unprecedented platform for the growth of CFG clubs and companies in China and internationally.
You wonder if City's welcome will extend to allowing UEFA full access to internal emails and the financial records of the Abu Dhabi United Group (ADUG
, through Manchester City Football Club, has come to know Manchester City Council's vision for regeneration and its ability to deliver major initiatives effectively" (Jupp, 2014).
's sports investment strategy is moving to its next stage, targeting untapped football markets in the US, Australia and Japan to produce a truly global football brand.
Over the past few years, investors from Gulf Arab countries have shown growing interest in acquiring soccer clubs, mainly in the English Premier League, which culminated last year in the acquisition of Manchester City by Abu Dhabi United Group for Development and Investment (ADUG
Dubai: Manchester City yesterday became a company fully owned by the Abu Dhabi United Group (ADUG
) after the club's owner Shaikh Mansour Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, completed a 100 per cent buyout of the English Premier League side.
"The 10 per cent of shares, previously owned by Worldwide Investments Limited, has now been transferred to ADUG
, the wholly owned company of Sheikh Mansour bin Zayed Al Nahyan, for an undisclosed sum."
A year ago this month, the Abu Dhabi United Group (ADUG
), fronted by USeducated Dr Sulaiman Al Fahim, paid former Thai prime minister Thaskin Shinawatra pounds 160 million for Manchester City, to date the largest example of British football's burgeoning "Arabianisation".
Spurs would also not be the first Premier League club to take advantage of investment from the Middle East, with the takeover of Manchester City by the Abu Dhabi United Group for Development and Investment (ADUG
"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," said Sulaiman al-Fahim, an ADUG
board member who represents the group on the Manchester City board.
The close football links between Darren and his father have also intrigued Sheikh Mansour and, although it would be a massive risk by the billionaire owner to hand City's reins to Fergie Jnr, sources close to the ADUG
regime say he will consider EVERY option if he decides a change is necessary and Mark Hughes gets the bullet.
And former owner of Manchester City, Thaksin Shinawatra, was only 13 months into a ten-year masterplan before he bailed out to the Abu Dhabi United Group (ADUG
) in a pounds 210m deal earlier this month.