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Who owns Manchester City, what is their net worth and how much have they spent?

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Manchester City have become one of the most successful clubs in world football since changing owners almost 15 years ago.

This is in no small part down to the vast amounts of money the new ownership regime has plunged into the club, which has helped bring some of the biggest talents in the game to the blue side of Manchester.

However, City’s owners have once again come under scrutiny following the news that the club has been charged by the Premier League for alleged Financial Fair Play violations.

But exactly who owns Manchester City, what is their net worth and how much have they spent on players under the new ownership? Here is everything you need to know.

Who owns Manchester City?

Manchester City are owned by the Abu Dhabi-based Abu Dhabi United Group, an an investment company for the Abu Dhabi royal family, owned by Sheikh Mansour.

The group purchased the club for £200 million from Thaksin Shinawatra, the former prime minister of Thailand, in September 2018.

Following his acquisition of Man City, Mansour handed over responsibility for running the club to Khaldoon Al Mubarak and the City Football Group (CFG).

The CFG acts as City’s parent company and also has stakes in clubs in the United States, Australia, India, Japan, Spain, Brazil, Uruguay, China, Belgium, France and Italy.

Mansour is a member of the ruling family of Abu Dhabi and is the current deputy prime minister of the United Arab Emirates (UAE).

The 52-year-old’s brother, Mohamed bin Zayed Al Nahyan, is the president of the UAE.

What is the net worth of Manchester City’s owners?

According to Goal.com, Mansour has a net worth of around £16.8 billion.

This makes Manchester City the second richest club in the world behind Newcastle United, whose majority owners the Saudi Arabia Public Investment Fund are thought to be worth around £320 billion.

Manchester City lift the Premier League trophy
City have had unrivalled Premier League success over the past 15 years (Picture: Michael Regan/Getty Images)

How much has Manchester City’s owner spent?

Since arriving in Manchester 15 years ago, Mansour has spent around £1.5 billion on new signings.

The biggest expenditure was the £100 million outlay on Jack Grealish in August 2021, which at the time was the biggest transfer fee in the history of British football.

Their very first signing came just hours after completing the deal to sign the club, with the Cityzens signing Robinho from Real Madrid for a then-British record transfer fee of £32.5 million.

The deadline day signing of the Brazilian helped kick off a trophy-laden era for City, who have won six Premier League titles since Mansour took the reins.

The club has also won two FA Cups and six League Cups since the takeover, as well as reaching the final of the Champions League in 2021.

source: metro

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