City new owners?
Date published: 01 September 2008
MANCHESTER City are reported to have new owners with an United Arab Emirates-based business claiming to have completed a take-over.
The Abu Dhabi United Group for Development and Investment say they have bought out Thaksin Shinawatra.
Group spokesman Dr Sulaiman Al Fahum said: “We will release details later, but this is a great event for both the club and Abu Dhabi.
“Our goal is very simple. We want to make Manchester City the biggest club in the Premier League and, to begin with, to finish in the top four this season.”
Former Thailand Prime Minister Shinawatra took charge of City in July 2007, but reports indicate he has left the club.
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