Liverpool
Manchester City owner Sheikh Mansour invests£595m in one of Liverpool’s partners
Manchester City owner Sheikh Mansour invests£595m in one of Liverpool’s partners
Manchester City owner Sheikh Mansour has invested £595 million in one of Liverpool’s partners, reports Football Transfers.
American investment firm RedBird Capital Partners has received £1.9 billion for a sports investment, with more than a third of it coming from Abu Dhabi’s International Media Investments (IMI).
Sheikh Mansour bin Zayed Al-Nahyan owns IMI and has now expanded his interests.
RedBird Capital Partners is the third-largest partner of Liverpool owners Fenway Sports Group.
The New York-based firm also owns AC Milan having acquired the club from American hedge fund Elliott for €1.2billion last August.
85% of French club Toulouse and a minority stake in the Rajasthan Royals IPL cricket team also belong to RedBird.
The firm wanted to acquire a direct stake in Liverpool before opting to do business with their parent company instead.
Having been boosted with big-money investment from the Man City owner and co, more acquisitions are expected from RedBird.
Sheikh Mansour’s City Football Group recently acquired Brazilian club Esporte Clube Bahia after buying 90% of their shares.
CFG now have 13 clubs under their multi-club ownership model, and Sheikh Mansour is not resting on his oars.
The United Arab Emirates deputy prime minister will keep investing in sports outlets and investment firms, and Liverpool could benefit from his latest move.
FSG are looking for potential investors to acquire a minority stake in the Merseyside club.
They are examining a partial sale as they look to fund the next stage in the club’s development.
Liverpool are hoping to finish in the top four this term after a struggling start to the Premier League campaign.
READ NEXT
Liverpool Try To Beat Other PL Clubs As They Make‘First Proposal’To Sign£52M Rated Midfield Enforcer
Liverpool have made the “first proposal” to sign Sporting Lisbon midfielder Manuel Ugarte, according to Record.
The Uruguayan has also been linked with Newcastle, Arsenal and Chelsea in recent weeks but it appears the Reds are keen to beat their rivals to the player’s signature.
Ugarte reportedly has a €60m (£52m) release clause but, from the sound of things, the Merseyside club won’t look to trigger it straight away.
The 22-year-old is a traditional no.6, known mostly for breaking up play and picking up yellow cards. However, he rarely gives away possession and he is capable of receiving the ball in tight areas and offloading it to a teammate.
If Liverpool are making Ugarte a priority target, as the Portuguese media seem to be suggesting, it could mean the writing is on the wall for Fabinho. The Brazilian’s form has dropped off a cliff this campaign, and it appears a replacement could be inbound.
-
Manchester City5 months agoCongratulations Phil Foden side chick just gave birth to a baby boy,open to hear Phil Foden speech from conference
-
Manchester City4 months agoGood New: Erling Haaland UK side chick just delivered a baby boy today, Haaland named the child after Pep Guardiola 🙄
-
Manchester City5 months agoReport: Manchester City attacking midfielder De Bruyne ‘desperate’ to join English football giants
-
Manchester City6 months agoCongratulations: Erling Haaland become a father as side chick delivered baby boy earlier today by BBC..
-
Manchester City4 months agoFootage of Ederson’s Angry Reaction to Pep Guardiola made Phil Foden to send him a warning massage,Pep was shocked when he saw what Phil wrote.
-
Manchester City3 months ago“Everyone at Man City wants me out, even the fans want me out
-
Uncategorized2 months agoSky Sport Confirmed Tottenham has signed Manchester City best player€66m rated,Ange Postecoglou smile
-
Manchester City4 months agoCongratulations to Phil Foden as he bought a new private jet.