Who owns City Football Group? (2024)

Who owns City Football Group?

City Football Group Limited (CFG) is a holding company that administers association football clubs. The group is owned by three organisations, of which 81% is majority-owned by Abu Dhabi United Group, 18% by the American firm Silver Lake, and 1% by Chinese firms China Media Capital and CITIC Capital.

Who owns the city group club?

City Football Group Limited (CFG) is a holding company that administers association football clubs. The group is owned by three organisations, of which 81% is majority-owned by Abu Dhabi United Group, 18% by the American firm Silver Lake, and 1% by Chinese firms China Media Capital and CITIC Capital.

Who are City FC owners?

Since September 2008, the club is owned fully by Sheikh Mansour. Khaldoon Al Mubarak has been Chairman since September 2008, when he took over from previous owner, Thaksin Shinawatra. Garry Cook has been Chief Executive Officer since July 2008, after he was previously one of Nike Inc.

Who is the CEO of City Football Group?

Ferran Soriano – Chief Executive Officer

Born in Barcelona, Ferran has more than 20 years of business experience in ten countries, in the consumer goods, telecommunications, aviation and football industries.

When did City Football Group buy Man City?

Manchester City (England)

League position: second in Premier League: City were bought in September 2008 for about £210m by Sheikh Mansour via his Abu Dhabi United Group for Development and Investment vehicle.

How many clubs are owned by the City Group?

Today, City Football Group is the world's leading private owner and operator of football clubs, with total or partial ownership of thirteen clubs in major cities across the world: Premier League Champions Manchester City in the UK, New York City FC in the US, Melbourne FC in Australia, Yokohama F.

What clubs do the city group own?

How much is city owner worth?

2) Manchester City - Sheikh Mansour - £22.9billion

The 51-year-old has since also acquired New York City FC, Melbourne City FC and Yokohama F. Marinos, among others, via the City Group. Day-to-day running of the club is delegated to trusted lieutenant Khaldoon Al Mubarak.

How much is City Club worth?

Manchester City's current value has risen to nearly $5billion (£4.02bn) over the last 12 months, according to Forbes. This time last year, the Blues were priced at around $4.3billion (£3.46bn) but Forbes' current figures indicate a value increase of 18 per cent.

What clubs does Sheikh Mansour own?

He also owns the City Football Group, which was founded in 2014 and consists of Manchester City FC, Melbourne City FC, New York City FC, Mumbai City FC, and others. He has only been to two Manchester City games in his time as owner, his first in 2010 and the latest, the 2023 UEFA Champions League final.

Where is Omar Berrada from?

Omar Berrada is a writer, translator and critic who grew up in Casablanca and lives in Paris.

Who owns PSG?

Since 2011, Paris Saint-Germain have been majority-owned by Qatari government-backed investment fund Qatar Sports Investments, which currently holds 87.5% of the shares. American investment firm Arctos Partners owns the remaining 12.5%. PSG are the richest club in France and one of the wealthiest in the world.

Is Girona part of the city group?

Girona holds its home matches at the 14,624-capacity Estadi Montilivi and is known for its association with Catalan nationalism. It is a part of City Football Group Limited. The club also has youth and amateur women's teams for competition.

Is Man City in debt?

Per those financials, Manchester City have the highest EBITDA in the Premier League at £131million (signifying powerful internal cash engines) and an extremely low gross financial debt of £64m (roughly a tenth of Manchester United's debt).

Is PSG owned by Qatar?

Backed by the Qatari government, QSI acquired a majority stake in 2011 and then became the Parisian outfit's sole owner in 2012. PSG are therefore a state-owned club, which makes them one of the wealthiest teams in the world. In 2023, Arctos Partners acquired a minority stake in the Qatar-funded French team.

Why does Man City have so much money?

As of October 2021, Manchester City was the most valuable soccer club globally, based on the combined transfer value of the squad. The acquisition and development of high-profile players alongside strong performances in the English Premier League has helped the club significantly improve upon their brand value.

Which club owner is the richest?

1. Public Investment Fund, Newcastle United, Al Nassr, Al Hilal - $700 billion. As mentioned earlier, the Saudi Public Investment Fund headed by Mohammed bin Salman, the Crown Prince and Prime Minister of Saudi Arabia, and governed by Al-Rumayyan is the no. 1 richest football club ownership in the world.

Which clubs do Red Bull own?

Red Bull own RB Leipzig (Germany), New York Red Bulls (US), Red Bull Bragantino (Brazil), Red Bull Brasil (Brazil) and FC Red Bull Salzburg.

How many sports teams does Red Bull own?

We've touched on some of the sports teams that operate under the Red Bull umbrella, but we've barely scraped the surface. In total, the drinks brand have now invested in 5 soccer teams, and a total of over 15 sports teams across 11 sports.

How many football teams does Red Bull own?

Simply because there are several in the family. There are five Red Bull soccer teams around the world and each of them is contributing to the consortium of the energy drink company, taking charge at the world's most beloved sport.

Why is there 2 Manchester football teams?

Immigrants from all over lived and commuted in these areas and so, in time, came their two football clubs. "Both teams [were born] from east Manchester. A strong, working-class area. Newton Heath, as we saw, was near City's stadium now.

Can someone own multiple football teams?

A potential owner of a football club will be able to own or have a controlling interest in other forms of business or sporting teams so long as there is not a conflict of interest. For example, the Glazer family at one point wholly owned Manchester United FC while at the same time owning an NFL team in the US.

Who is the #1 richest family?

Which football team is the richest?

Who is the richest football player in the world?