Manchester City Football Club is one of the most popular football clubs that competes for the Premier League title. The club has a huge fanbase owing to players such as Jack Grealish, Kevin De Bruyne, Gabriel Jesus, Sergio Aguero, Carlos Tevez, etc. The Man City football club is popular for all the right reasons; it has won First Division/Premier League titles, League Cups, FA Cups, Winners’ Cup, making it one of the most successful English football clubs. do you know who is the Owner of Manchester City?
In 2018-19, Manchester City’s revenue was the fifth-highest amongst football clubs in the world. Manchester City fans are bound to be intrigued by even the smallest detail about their favorite football club with such stats and records. Similarly, knowing the faces behind various clubs is also an important detail most fans are interested in. Here’s all you should know about the club ownership and the owner.
Who owns Manchester City?
Owner of Manchester City: Sheikh Mansour is the owner of City Football Group that owns Manchester City. He is the United Arab Emirates Deputy Prime Minister and one of the most influential businessmen in the Middle East. The chairman of the football club is Khaldoon Al Mubarak.
In fact, in 2008, when Manchester City owner Sheikh Mansour took over, the club witnessed a rapid growth to the elite of European football. During the 13 years of ownership by the Deputy Prime Minister of UAE, the club has won five Premier League titles, six EFL Cups, and two FA Cups. The success witnessed under the ownership of Mansour has undoubtedly secured a place for the Abu Dhabi Sheikh in the list of the most successful owners of all time in European football.
Mansour bin Zayed Al Nahyan
Having had a successful political career, Sheik Mansour is an Emirati politician who is the deputy Prime Minister of the United Arab Emirates and the minister of presidential affairs. He is also a billionaire and a member of the Abu Dhabi Royal Family.
Sheikh Mansour is a part of multiple government-run companies. He is the Emirates Investment Authority chairman, ministerial council for services, and the Emirates Racing Authority. He is also a board member for the Supreme Petroleum Council, the Abu Dhabi Investment Council, and the International Petroleum Investment Company. The Sheikh also owns stakes in multiple business ventures such as Sky News Arabia and Virgin Galactic.
He owns the Abu Dhabi United Group that had acquired Machester City FC in 2008 and handed over the ownership to chairman Khaldoon Al Mubarak. His business portfolio also includes the ownership of the Abu Dhabi Media Investment Corporation that partnered with British Sky Broadcasting and established Sky News Arabia.
Net Worth and Business of Sheikh Mansour
Although the most publicly visible role for Sheikh Mansour is the chairmanship of Man City, he plays a more critical role in other businesses. His vital business roles include being a board member of the Abu Dhabi National Oil Company, chairman of Abu Dhabi Commercial Bank, Emirates Nuclear Energy Corporation, and Emirates Global Aluminium. He is also the chief executive of Mubadala Investment Company that oversees the $234bn Emirates Sovereign Wealth Fund.
The estimated net worth of Sheikh Mansour is $22 billion owing to the lucrative business portfolio he oversees as the head of Aabar Investments. Aabar Investments holds a 9% stake in Daimler and a 32% stake in Virgin Galactic.
His interest in sports through the City Football Group is quite evident as he owns clubs such as Melbourne City FC, New York City FC, Manchester City FC, Mumbai City FC, and more. He is also the chairman of the Al Jazira sports company , Al Jazira Club, and the Emirates horse racing authority chairman. Being a horse rider himself and having won various endurance racing tournaments, he is a strong supporter of Arabian horse racing.
Which football clubs does Sheikh Mansour own?
Mansour bin Zayed Al Nahyan, popularly known as Sheikh Mansour, is known for owning the Premier League club, Manchester City. However, his ownership is not limited to one club through the City Football Group, and he owns other football clubs as well.
Man City owner Sheikh Mansour also owns the A-League outfit Melbourne City FC, Major League Soccer side New York City FC, Mumbai City FC in India, Uruguayan team Montevideo City Torque, and Belgian side Lommel SK club.
Manchester City F.C. ownership and finances
Manchester City FC was founded in 1880 as St. Mark’s, but the ownership goes back to 1894 when Ardwick A.F.C. was disbanded and recreated as Manchester City Football Club Ltd. Since then, the club has gone into the hands of various owners with contrasting fortunes.
Currently, the club is owned by the City Football Group, a British-based holding company with significant stakes held by the Abu Dhabi United Group.
Man City has been branded as the richest club in the world ever since the signing of Robinho in 2008. The club has recorded a loss of £92.5 million for the year 2008-2009. However, under the new owner, Sheikh Mansour, and new team players such as Carlos Tevez, Robinho, Yaya Touré, David Silva, and Mario Balotelli, the club witnessed a complete transformation and improved training facilities.
Interesting facts about Man City Owner
Every Man City fan is intrigued by the current owner, the UAE Royal family member, Sheikh Mansour, his investments and wealth. After all, he successfully transformed the club into one of the biggest sporting franchises in the world and is also channeling funds in Virgin Galactic, Sir Richard Branson’s space tourism programme. Here are some of the most intriguing facts about the supercar-loving UAE Royal.
- Since Sheikh Mansour took over, the club has won four English Premier League titles, two FA Cups, and four League Cups. These wins led to the club’s value to surge to US$4.8 billion, making it one of the world’s most valuable sporting franchises.
- Apart from New York City FC and Melbourne City FC, Sheikh Mansour also holds a stake in Sichuan Jiuniu FC of China League Two. His further investments are in other teams such as Yokohama F. Marinos, Montevideo City Torque, Girona FC, Lommel SK, and Esperance Sportive Troyes Aube Champagne.
- He has a 32% stake in Richard Branson’s commercial space tourism company and holds substantial stakes in Barclays and German automotive company Daimler AG.
- Sheikh Mansour owns a superyacht, Topaz, the seventh-largest in the world, which is worth US$527 million. In 2014, Topaz was rented by Leonardo DiCaprio for the Fifa World Cup in Brazil.
- His refined taste in luxuries is not limited to Topaz. Sheikh Mansour owns a massive collection of luxury cars, including a Ferrari 599XX, Ferrari F40, five Bugatti Veyrons, McLaren MC12, Lamborghini Reventon, and a Mercedes Benz CLK GTR.
- An interesting fact about his personal life is that Sheikh Mansour has two wives. He married Sheikha Alia bint Mohammed bin Butti Al Hamed and had one son, Zayed. In 2005, he married Manal bint Mohammed bin Rashid Al Maktoum and had two daughters and three sons.
- According to Forbes, Sheikh Mansour has pumped at least £1.4bn into MCFC that hadn’t won a trophy for 32 seasons. He bought some of the best footballers in the world and managers, and successfully got the team to win seven major trophies. The triumph has resulted in a high international profile for a club long overshadowed by Manchester United, which reached a pinnacle with the release of Amazon’s All or Nothing: Manchester City documentary series.