Who is the real owner of Manchester City? Photo/ The Sun.
Although Manchester City have been around since 1880, its biggest success has come in the last decade.
Manchester City have become one of the most successful clubs in Europe since changing ownership in 2008.
The Cytizens are under the ownership of the Abu Dhabi-based Abu Dhabi United Group.
Well, you can’t talk about Premier League investors and fail to mention Manchester City owners. And this is mainly because of the success they have brought to the club in recent years.
Although Manchester City have been around since 1880, its biggest success has come in the last decade. Since Manchester City’s fortunes changed in the 2008 takeover by the City Football Group (CFG), the club has consistently been the favourite to win the English Premier League title.
The Cytizens have signed some of the best players in the world and also hired the best managers in Europe. As a result, they have become one of the most successful clubs in the football world, which leads to the question of who owns Manchester City?
Manchester City owners. Photo/ The Sun.
Who Are The Owners Of Manchester City?
Premier League giants Manchester City are under the ownership of the Abu Dhabi-based Abu Dhabi United Group. The investment company belongs to the Abu Dhabi royal family and is owned by Sheikh Mansour.
The group purchased Manchester City in 2008 after a tumultuous period under Thai Prime Minister Thaksin Shinawatra. According to Metro Sport, Sheikh Mansour’s company acquired Manchester City for 200 million euros when the club was in a financial crisis.
After fully acquiring the club, Sheikh handed over the responsibility of running it to Khaldoon Al Mubarak and the City Football Club (CFG). The CFG now acts as Manchester City’s parent company, which explains why some sources describe them as the owners.
How Much Are Manchester City Owners Worth?
According to Goal.com, Sheikh Mansour has a net worth of around 16.8 billion euros. And that makes the Premier League giants the second richest club in the world at the moment, after Newcastle United.
Newcastle United’s majority owners, the Saudi Arabia Public Investment Fund, are thought to have a net worth of around 320 billion euros.
How many trophies have Manchester City Won Under Sheikh Mansour?
Manchester City players holding the Premier League title. Photo/ Manchester Evening News.
Since Sheikh Mansour’s company purchased Manchester City, the club has been a powerhouse in the football world. They have won 17 domestic titles with three different managers. The only major trophy that is lacking in their trophy cabinet is the UEFA Champions League.
Mansour has spent over 1.5 billion euros on new signings since arriving at Manchester City. Their biggest signing so far is Jack Grealish, who arrived from Aston Villa in the summer of 2021 for 100 million euros.
About Sheikh Mansour
Sheikh Mansour is quite a popular name when talking about Manchester City owners. Born November 21, 1970, His Highness Mansour bin Zayed bin Sultan Al Nahyan is a member of Abu Dhabi’s royal family.
He is the fifth son of the Emir of Abu Dhabi Sheikh Zayed bin Sultan Al Nahyan and his third wife Sheikha Fatima bint Mubarak Al Ketbi.
Sheikh Mansour attended Santa Barbara Community College and is a graduate of United Arab Emirates University where he received a bachelor’s degree in international affairs. He has had a lifelong passion for sports which has shaped his business interests.
The 52-year-old has served as patron of the Al Jazira Football Club in Abu Dhabi for many years now. Sheikh Mansour was a leading figure in the successful bid to host the FIFA Club World Cup in the UAE in 2009 and 2010.
Being the owner of Abu Dhabi United Group, he oversaw the 2008 takeover of Premier League club Manchester City. Still, in sports, Sheikh Mansour is Chairman of the Emirates Racing Authority and patron of the Sheikh Mansour Bin Zayed Al Nahyan Global Arabian Horse Flat Racing Festival.
Outside of sports, Sheikh Mansour holds several positions in the United Arab Emirates. He is Deputy President of the UAE and Minister of Presidential Affairs. The billionaire is also a member of the Supreme Petroleum Council.
Sheikh Mansour. Photo/ CAknowledge.
In 2017, Sheikh Mansour became Vice-Chairman of Mubadala Investment Company, which is one of the largest state-owned investment funds. He is also a shareholder of the Abu Dhabi Media Investment Corporation.
Abraham Odhiambo is an avid sports fan who loves to write about football, boxing and wrestling. He's a big supporter of Manchester United. He's pursuing a bachelor's degree in Communication and Media at Egerton University.
You must be logged in to post a comment Login