So Sheikh Mansour bought a company that was close to bankruptcy and invested his own money to turn it around, in any industry this would be lauded. The business has been totally transformed and turned what was one of the most deprived areas of the country into a desirable place to live Built an incredible training complex on the site of a former chemical factory, the land had to be cleaned before the building could start. Part of the complex is a 6th Form college funded by City Football Group and a world class institute for health and fitness MHIP, over a two hundred new full time jobs have been created Now, a new arena in partnership with the Co-operative and Oakview is being built on the Etihad Campus which will again create more jobs with the intention is to turn the campus into a world class entertainment and destination venue, this week the club announced outline plans for an extension of the North Stand to increase the capacity of the stadium to 61k along with a museum, new store and hotel this will also incorporate a covered City Square to accommodate 3k fans replacing the current one.
So, all the time we hear about "dirty oil money" yet oil is a commodity that we couldn't live without, not just as fuel but as a vital component of materials used in most products so nothing dirty about it. Lets look at FFP which City failed just after its introduction and a fine and punishment were paid. Then the hacked emails were published by Der Spiegel and UEFA on the basis of these charged City, the case was taken to CAS and three independent judges found no case to answer. Even so City were fined £10k for non cooperation the reason for it, City were unhappy about the leaks of a confidential process by UEFA, was accepted by CAS but, as City admitted to it the fine was imposed but substantially reduced from £30k to 10k. There is misinformation about City "getting off on a technicality" misleading as one of the charges was timed barred by UEFA's own rules and CAS was critical of them not knowing them. City did produce evidence to counter the charge but CAS was unable to rule due to the time barring. Now lets deal with the >150 charges of the PL difficult as little detail has been published but it is huge accusation to make that a company its accountants and auditors have "fiddled the books" for 19years! If proven, it could lead to criminal proceeding being brought against the City board, just checked for yourself and see if you think that the calibre of people who hold the positions on the board would risk their reputation. So, why has the PL brought the accusations of breaking financial rules (NOT FFP BTW) ? Can only speculate but, there is a clear division amongst the clubs with a large percentage of US owners who would move the PL stop promotion and relegation, stop the sharing of Tv money and look to play games abroad something that City are against. You mention the independent regulator, City are amongst the few who favour the independent regulator. I leave you to make your own conclusions Ultimately the charges with either be quietly dropped or the commission will keep them out. Finally, Id like to address the reasons behind FFP, before City came along there was a cosy cartels of clubs "the big four" who season in season out were playing in the UCL a huge money spinner then "little old" City came along and upset this cosy arrangement so, to stop it happening again FFP was introduced, supposedly to regulate clubs to stop overspending, which i might suggested stopped the likes of Bury, Macclesfield etc going bust NO because it is flawed it allows debt and mismanagement, its there to stop your club, for example, ever challenging, the changes made recently will prevent it even more as its impossible to invest your own money to become successful and therefore increase revenue like City have done. City are self-sustaining with sponsors (<20% Abu Dhabi) prize money and Tv revenue as the most successful club in the last decade, this is inevitable. Just remember when Ferguson was splashing the cash there was no restrictions, he broke the transfer records 10 times 8 more than City. The Moores family invested in an ailing LFC, stuck in second division obscurity to turn them around using dirty pools money, no restrictions Abramovic likewise at Chelsea etc
"If anyone has anything positive to say about Manchester City Football Club then I'd love to hear i hear it"
Created jobs, regenerated a deprived area of Manchester, continue to lease the stadium so that the money goes to Manchester, if it was bought it would go to Sport England, of which £1M is ring-fenced for sport. In a partnership with the council built 100s of new homes in the area Manchester was chosen for Etihad's European call centre creating local jobs Sheikh Mansour though Manchester City FC has done more for Manchester than any Government in the last 50 years
For football broken the cosy cartel running the PL just check which clubs would have won the PL if City hadn't been about
The damage this club has done to the heritage of English Football may be irreparable. I ******* hate everything about them.
This is absolute nonsense Like most football clubs, City have a rich history going back to 1894, suffered with 25 years of mismanagement under the Swales era, to suggest we are responsible for damage is frankly laughable One of the oldest and most successful community programs for example
Would be interested to know what you mean though
Sorry for the above, I came on the thread to see what your guys thought and in the main pretty good, the ref was poor and i don't see him favouring us one bit
Congratulations it was a great game to watch and it takes two, always liked Nigel and I hope City keep hold of him, got a good team with some very good players Would be good for use to buy Alex Scott and loan him back for next season
See you in the PL soon unless the Yanks have their way
State Sponsored?
The club is owned by City Football Group which is in turned 81% owned as a private investment by HH Sheikh Mansour and 19"% by Silverlake an US tech investment group It is not state sponsored ot owned as such
Sport's Washing?
What does this mean? If it is of any value then, surely even an idiot could see that it actually achieves the very opposite from what its perceived objective is. In fact it exists only in the bitter minds of fools in the media with an agenda.
It’s is evident that Arab money, or Arabs, are hated for some reason consequently their involvement in a football club is deemed “sport's washing” by the propaganda machines of the zionist media owners. Abu Dhabi as part of the UAE has signed a memorandum of understanding with the UK to invest upwards of £10B in the UK. Regarded as allies and long term trading partners with investment in UK companies such as Barclays Bank which benefited from support during the last financial crisis saving them from bankruptcy.
What is this "washing"?
https://www.gov.uk/government/news/united-kingdom-united-arab-emirates-joint-communique-a-partnership-for-the-future
https://www.gov.uk/government/news/uk-and-united-arab-emirates-agree-to-boost-energy-security-and-unlock-investment
