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City takeover agreed - reports
http://www.skysports.com/story/0,19528,11661_4078332,00.html
Abu Dhabi United Group invest in Premier League club
Manchester City have been taken over by the Abu Dhabi United Group for Development and Investment, according to reports.
The website for Arabian Business claims that a deal with current owner Thaksin Shinawatra was completed on Sunday evening.
The former Thai prime minister has been looking for new investment in the club, despite taking charge just over 12 months ago.
Shinawatra has helped bankroll a number of big-money transfers in the past but, with his assets currently frozen as he awaits trial in Thailand, doubts have been cast over his long-term future at the club.
Details
The Abu Dhabi United Group will be represented on the club's board by Dr Sulaiman Al Fahim, chief executive of Hydra Properties.
Fahim said: "We will release details later, but this is a great event for both the club and Abu Dhabi.
"Our goal is very simple - to make Manchester City the biggest
http://www.skysports.com/story/0,19528,11661_4078332,00.html
Abu Dhabi United Group invest in Premier League club
Manchester City have been taken over by the Abu Dhabi United Group for Development and Investment, according to reports.
The website for Arabian Business claims that a deal with current owner Thaksin Shinawatra was completed on Sunday evening.
The former Thai prime minister has been looking for new investment in the club, despite taking charge just over 12 months ago.
Shinawatra has helped bankroll a number of big-money transfers in the past but, with his assets currently frozen as he awaits trial in Thailand, doubts have been cast over his long-term future at the club.
Details
The Abu Dhabi United Group will be represented on the club's board by Dr Sulaiman Al Fahim, chief executive of Hydra Properties.
Fahim said: "We will release details later, but this is a great event for both the club and Abu Dhabi.
"Our goal is very simple - to make Manchester City the biggest