What is the City Football Group owner of Man City, its owner, teams, clubs and net worth 2023

What is the City Football Group owner of Man City, its owner, teams, clubs and net worth 2023

Here is all you need to know about the owner of the Premier League club Manchester City along with the net worth of the City Football Group

Manchester City is accused of violating 101 alleged Premier League rules, including those relating to manager compensation, and the accuracy of financial information, ranging from assisting league investigations to profitability, and sustainability.

The alleged violations allegedly occurred between the 2009–10 season and the 2017–18 season, nine years.

What is the City Football Group owner of Man City, its owner, teams, clubs and net worth in 2023

Even though Manchester City was formed as St. Marks in 1880, the past ten years have arguably seen the club’s greatest success.

The club’s financial situation changed after the City Football Group acquired it in 2008. This wasn’t a coincidence (a holding company for the Abu Dhabi United Group).

Since the takeover, Manchester City has constantly been favoured to win nearly every game they play in both Premier League betting odds and other soccer odds.

Who owns Manchester City?

A member of the Abu Dhabi royal family, Sheikh Mansour bin Zayed Al Nahyan is the largest shareholder in CFG, the organisation that owns the Premier League team Manchester City.

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The group acquired Manchester City in 2008 following a turbulent ownership era under Thai Prime Minister Thaksin Shinawatra, which almost resulted in the club’s total financial collapse.

Who is Sheikh Mansour?

Sheikh Mansour is a businessman with a wide range of interests. He is not only a member of the Abu Dhabi Royal Family but also the owner of the Abu Dhabi United Group and the majority shareholder of the Abu Dhabi Media Investment Corporation, which is the owner of Sky News Arabia and The National, an English-language daily newspaper published in Abu Dhabi.

In the United Arab Emirates, he also occupies several positions of authority. He is a member of the Supreme Petroleum Council, the Minister of Presidential Affairs, and the Deputy Prime Minister of the United Arab Emirates.

Additionally, in 2017, the Sheiks were appointed vice-chairmen of Mubadala Investment Company, one of the biggest state-owned investment companies in the world.

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What achievements did Shiekh Mansour bring to Manchester City?

Since the takeover in 2008, Manchester City has seen incredible success, winning 17 domestic awards under three different managers.

The UEFA Champions League is the only trophy the team has yet to win.

City Football Group Owns 11 Sports Teams

Along with Manchester City, the sports portfolio of CFG includes several other teams, including:

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  • New York City FC
  • Melbourne City FC
  • Yokohama F. Marinos
  • Montevideo City Torque
  • Girona
  • Sichuan Jiuniu
  • Mumbai City FC
  • Lommel SK
  • ES Troyes AC
  • Palermo

The majority of shares in the Manchester City Football Group are owned by Sheikh Mansour bin Zayed bin Sultan Al Nahyan, who has an estimated net worth of $21 billion in 2023.

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