Source: Daily_Mail
Man City now 100 per cent in Sheik Mansour hands as Thaksin loses stake
Manchester City is now completely owned by Sheik Mansour, a member of the Abu Dhabi royal family.
'Manchester City can confirm that a transaction involving 10 percent of the shares of Manchester City Football Club Limited has been completed,' a statement on the club's Web site said Wednesday.
Since taking control of the club last September, Mansour's wealth has transformed expectations at the underachieving club. City spent more than £120million on new players in the off season in an effort to break into the Premier League's top four and qualify for the Champions League.
'The 10 percent of shares, previously owned by Worldwide Investments Limited, has now been transferred to ADUG, the wholly owned company of Sheik Mansour bin Zayed Al Nahyan, for an undisclosed sum.
'As a result of the transaction, Manchester City Football Club is now 100 per cent owned by His Highness Sheik Mansour.'
