Sheikh Mansour Now Sole Owner Of Manchester City

Sheikh now owns 100 per cent of City shares

EPL: Gareth Barry, Manchester United v Manchester City (PA)
Manchester City have today issued a statement confirming that Sheikh Mansour now owns the club in its entirety, after purchasing the 10 per cent of shares not in his hands from previous owner Thaksin Shinawatra, the disgraced former Prime Minister of Thailand.

A statement on City's official website reads:

"Manchester City can confirm that a transaction involving 10% of the shares of Manchester City Football Club Limited has been completed.

"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. As a result of the transaction, Manchester City Football Club is now 100 per cent owned by His Highness Sheikh Mansour."

Mansour has already invested heavily in the club's playing staff, and is also rumoured to be interested in using the land around the City of Manchester Stadium to construct a new training base.

Zack Wilson, Goal.com UK

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