Overseas Investment
In August 2008 the Abu Dhabi United Group purchased the English Premier League club Manchester City, installing Mansour bin Zayed Al Nahyan as owner and Khaldoon Al Mubarak as chairman. With the wealth of the ruling family of the Emirate of Abu Dhabi behind them the club became effectively the richest in the world.
Read more about this topic: Football In The United Arab Emirates
Famous quotes containing the word investment:
“There is something fascinating about science. One gets such wholesale returns of conjecture out of such a trifling investment of fact.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
Related Phrases
Related Words