Sheikh Mansour injects £100m into Man City ownership group as they battle the Premier League
Manchester City owner Sheikh Mansour has injected another £100 million into the club's parent company, City Football Group (CFG), according toa report. The investment is seen as a reaffirmation of his commitment to the organisation as the Citizens fight the Premier League after being found guilty of breaching 114 financial rules.
Filings at Companies House show that 11,327,163 new CFG shares were allotted on October 14 and the investment was made through Mansour's Newton Investment and Development vehicle. A CFG spokesperson confirmed the transaction, which marginally increases the Abu Dhabi royal's majority stake in the global football group.
The cash injection came just two weeks after Man City were found guilty of more than 100 alleged financial rule breaches following a long Premier League investigation. Man City allegedly concealed financial information and increased their spending power through arrangements that breached league regulations.
The outcome could have significant consequences for Enzo Maresca's side. Potential sanctions include relegation and substantial financial penalties.
The deal also has huge implications for Mansour's ownership of CFG, which has built an extensive global network of clubs since the Abu Dhabi royal acquired Manchester City in 2008. A CFG spokesperson said the latest investment is "equity from our largest shareholder".
They added that the proceeds would support normal corporate operations and planned investments aligned with the group's strategic objectives. CFG owns majority stakes in 10 clubs across multiple continents, including New York City FC, Melbourne City, Girona, Palermo, Bahia and Troyes.
Mansour now holds approximately 81% of the group, while US private equity firm Silver Lake owns most of the remaining shares. The transaction implies the club is valued at around £5.9 billion, although CFG chairman Khaldoon Al Mubarak believes they could command around £7.3bn on the open market.
However, Man City's ongoing legal battle could complicate their long-term financial outlook. The Independent Football Regulator can force owners found guilty of wrongdoing to sell their holdings.