City bought by Arabian investment group

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The biggest deal of the transfer deadline day has already been completed as Manchester City owner Dr Thaksin Sinawatra has sold the club to Abu Dhabi United group for £150m, the investment group headed by the so called ‘Donald Trump of Arabia’. Dr Sulaiman Al Fahim keeps up the Dr tradition of City owners in recent times but is a far cry from the corrupt old Thai businessman not least in the wealth stakes as this man said to be worth 10 times more than Roman Abramovich. The club confirmed the deal earlier today, a deal which had not been preempted by the press for once;

“Manchester City can confirm that a Memorandum of Understanding has been signed 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. A further statement will be released by the Club in due course”

Ambitious plans have already been floated with talk of winning the league within a year and the champions league in just 3 years time as outlined by Al Fahims expectations of Hughes performance this season:

“Our goal is very simple - to make Manchester City the biggest club in the Premier League and, to begin with, to finish in the top four this season. We will release details later, but this is a great event for both the club and Abu Dhabi.”

With huge amounts of cash and huge weight of expectation it will interesting to see how Hughes copes and if he is able to avoid the pitfalls of managaing a bottomless pit as Ranieri, Mourinho and Grant all failed to do at Chelsea.

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