Breaking News: Middle East Company Buys Manchester City

September 1st, 2008

adug-buys-manchester-city Breaking News: Middle East Company Buys Manchester CityManchester City officials have confirmed that a Middle East company is in the process of taking over the club from Thai owner Thaksin Shinawatra.

A memorandum of understanding (i.e. a statement of intent) has been signed between between the Abu Dhabi United Group (ADUG) and Manchester City Football Club Limited.

“A period of due diligence for all parties, including the FA Premier League has now been entered,” according to a statement made by Manchester City.

 

continue reading at…………..http://www.epltalk.com/breaking-news-middle-east-company-buys-manchester-city/3061

 

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