UAE Warns 'Future Investment in Britain at Risk' After Man City Ruling
Emirati officials said the ruling could deter future UK commitments as the club faces sanctions after 114 guilty verdicts.
- On September 29, an independent commission found Abu Dhabi-owned Manchester City guilty of 115 charges, ruling the club artificially inflated financial results by more than £900 million over a four-year investigation.
- The verdict jeopardizes an 18-year soft power project led by Sheikh Mansour, whose UAE sovereign wealth funds have invested more than £30 billion into major British industries.
- Prime Minister Andy Burnham faced criticism for backing the club's owners, prompting Downing Street to issue a statement clarifying that Manchester City are not "above the rules" to protect the Independent Football Regulator.
- Emirati officials warned the UK government that the severity of this ruling could undermine appetite for future grand-scale commitments, threatening the financial partnership ahead of an investment summit scheduled for October.
- Tensions persist regarding the UAE's alleged role in the Sudanese civil war and the thwarted Emirates-backed takeover attempt of The Telegraph, while the club faces an October 2 deadline to appeal the guilty verdict.
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103 Articles
The connections of the owner of Manchester City to the ruling house of Abu Dhabi add a new level to the financial proceedings against the Premier League club.
Manchester City verdict strains UK-UAE diplomatic relations
The Emirati owners have overseen eight Premier League titles and transformed the club into a global football powerhouse. (EPA Images pic)LONDON: A historic legal ruling against Manchester City Football Club has placed diplomatic ties between the UK and the United Arab Emirates (UAE) under significant strain, with billions of pounds in projected foreign investment at stake.Over the past five years, the UAE has poured more than £30 billion (US$39.…
Soccer Gets Geopolitical As Abu Dhabi Threatens Britain Over Manchester City Case
The English Premier League's ruling that Mancheter City has beached its financial rules is set to become one the most contentious issues in club football history, as geopolitics, money, power and fans clash.
Manchester City is using ‘lawfare’, legal warfare, in the historic fraud case against the club. The club leadership is driving Prime Minister Andy...
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