Manchester City Football Club is currently owned by Sheikh Mansour bin Zayed Al Nahyan of the Abu Dhabi United Group (ADUG).
Who owns Man City?
Manchester City Football Club is owned by the City Football Group (CFG), a holding company that is majority-owned by the Abu Dhabi United Group (ADUG), a private equity firm owned by Sheikh Mansour bin Zayed Al Nahyan, a member of the Abu Dhabi royal family. CFG also owns several other football clubs around the world, including New York City FC, Melbourne City FC, and Yokohama F. Marinos.
Since 4 August 2008, the club has been majority owned by Sheikh Mansour, one of football’s wealthiest owners, with an estimated individual net worth of at least £17 billion and a family fortune of at least $2 trillion.
Who is Sheikh Mansour?
Sheikh Mansour, who is also the Deputy Prime Minister of the United Arab Emirates, acquired the club in 2008 for a reported sum of £200 million. Since then, he has invested heavily in the club, both in terms of funding and infrastructure, and has helped to turn Manchester City into one of the most successful and recognizable teams in world football.
Under Sheikh Mansour’s ownership, Manchester City has won four Premier League titles, four League Cups, and six other major trophies, including the FA Cup and the UEFA Champions League. The club has also made significant investments in its playing squad, acquiring some of the best players in the world and assembling one of the most talented and dynamic teams in the Premier League.
In addition to his ownership of Manchester City, Sheikh Mansour is also a well-known philanthropist, and has used his wealth and influence to support a wide range of charitable causes and initiatives around the world.
What does Sheikh Mansour own?
Sheikh Mansour is chairman of the International Petroleum Investment Company, and also has a stake in Virgin Galactic. He owns the Abu Dhabi Media Investment Corporation which founded Sky News Arabia, and the City Football Group.
Why did Abu Dhabi buy Man City?
The club was taken over in 2007 by Thaksin Shinawatra, who invested a considerable portion of money into the club with Sven-Göran Eriksson. After being arrested for political corruption in the summer of 2008, Shinawatra had to sell the club to the Abu Dhabi United Group.
Man city owner net worth
Club | Estimated combined wealth of owners |
---|---|
Newcastle | $620 billion |
Man City | $22 billion |
Chelsea | $15.8 billion |
Arsenal | $12.9 billion |
Aston Villa | $11.9 billion |
Liverpool | $9.8 billion |
Fulham | $7.9 billion |
West Ham | $7.3 billion |
Wolves | $6.9 billion |
Tottenham | $5.8 billion |
Crystal Palace | $5.5 billion |
Man United | $4.7 billion |
Leeds | $4 billion |
Everton | $2.9 billion |
Leicester | $1.7 billion |
Bournemouth | $1.6 billion |
Brighton | $1.3 billion |
Southampton | $1.3 billion |
Nottingham Forest | $620 million |
Brentford | $300 million |
In conclusion, Manchester City is currently owned by Sheikh Mansour bin Zayed Al Nahyan, a wealthy and influential figure who has transformed the club into one of the most successful and recognizable teams in world football.