'Manchester City can report that the Abu Dhabi United Group and Manchester City FC have signed a memorandum of understanding. Now that the period of due diligence has begun,
City was owned by a sheik. He would be a phony, knowing their luck. After all, "City were a joke," as Gary Neville recently stated in his book The People's Game.
The former Thai prime leader Thaksin Shinawatra was previously rumored to be their sugar daddy, but he was also accused of wrongdoing, which he vehemently denied. Nevertheless, it resulted in the freezing of his bank accounts and the replacement of the owner to cover the players' salaries.
"Typical City," Neville wrote. When a wealthy sponsor is ultimately found, his bank accounts reveal
The same could hardly be said for this new donor, Sheik Mansour. Sulaiman Al-Fahim, a TV star in Dubai, served as his spokesperson. He promised to buy Cristiano Ronaldo from United for City. Al-Fahim declared, "We are going to be the biggest club in the world. City had lost 8-1 against Middlesbrough to end the 2007–08 campaign.
Robinho, who cost £32 million, was their first high-profile acquisition. For months, Real Madrid had been attempting to remove him off the payroll. Jo, another Brazilian, would come after for £20 million. For City, he would score six goals.
'Don't worry,' was Neville's attitude at the moment. Sir Alex Ferguson is here. We receive awards. City always puts oneself in harm's path. But that summer, before of Sheik Mansour's takeover, City had already acquired a few players.
Al Mubarak is MBZ's man, as well. "Once the value of being identified with Man City was properly understood, the club were essentially put in the hands of the people who knew what they were doing," says Dr. Chris Davidson, author of many books on the region.
Alternatively put, Al Mubarak. He serves as the head of the executive branch of the Emirate of Abu Dhabi, which advises MBZ. He is also the CEO of Mubadala, the £276 billion sovereign wealth fund of Abu Dhabi. It is currently presided over by Sheik Mansour after formerly being presided over by MBZ. The two brothers oversee Abu Dhabi, which rules the UAE, together with their siblings Sheik Abdullah, Sheik Tahnoon, and Sheik Hazza, but MBZ is in charge.
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