Table of Contents
- Although Man City have been around since 1880, its biggest success has come in the last decade
- The Premier League giants 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
Who is the owner of Manchester City? To begin with, 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 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 among the favourites to win the English Premier League title at the start of every season.
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 is the owner of Manchester City?
Manchester City owners. Photo/ The Sun.
Who Is The Owner 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 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 Group (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.
All 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.
Manchester City have achieved great success in recent years. Photo/ Aletihad Newspaper.
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 is one of the richest individuals in the world of football. 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.
