hateutd
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- Middle Earth
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Modern football....
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City are negotiating a big commercial deal with Citibank
- Thread starter xgorton
- Start date
Keith Moon
Well-Known Member
Abu Dhabi Investment Authority lost $7.5 billion on their deal with Citibank, so this would be a nice compensation
<a class="postlink" href="http://www.bloomberg.com/news/articles/2014-12-09/citigroup-sued-in-abu-dhabi-by-investor-over-fund-losses" onclick="window.open(this.href);return false;">http://www.bloomberg.com/news/articles/ ... und-losses</a>
<a class="postlink" href="http://www.bloomberg.com/news/articles/2014-12-09/citigroup-sued-in-abu-dhabi-by-investor-over-fund-losses" onclick="window.open(this.href);return false;">http://www.bloomberg.com/news/articles/ ... und-losses</a>
Centurions
Well-Known Member
Errr...Sigh said:Damn.Evil. There's some mugs on here.
FantasyIreland said:stony said:Is there a link for this or at least a cut n paste?
I think the Op has lifted this from an LC twitter post.
The only reference to it I can find on their site is this one paragraph in Charles Sale's column:
Barclays opting out of renewing their title sponsorship of the Premier League after next season has given top-flight clubs more flexibility signing their own bank partners. Manchester City are in negotiation with Citibank.
<a class="postlink" href="http://www.dailymail.co.uk/sport/football/article-3018783/Greg-Dyke-fighting-hard-FA-homegrown-quota-campaign-way.html" onclick="window.open(this.href);return false;">http://www.dailymail.co.uk/sport/footba ... n-way.html</a>
SilverFox2
Well-Known Member
Keith Moon said:Abu Dhabi Investment Authority lost $7.5 billion on their deal with Citibank, so this would be a nice compensation
<a class="postlink" href="http://www.bloomberg.com/news/articles/2014-12-09/citigroup-sued-in-abu-dhabi-by-investor-over-fund-losses" onclick="window.open(this.href);return false;">http://www.bloomberg.com/news/articles/ ... und-losses</a>
I think our owner made a few bob bailing out Barclays a few years ago though.
Keith Moon
Well-Known Member
SilverFox2 said:Keith Moon said:Abu Dhabi Investment Authority lost $7.5 billion on their deal with Citibank, so this would be a nice compensation
<a class="postlink" href="http://www.bloomberg.com/news/articles/2014-12-09/citigroup-sued-in-abu-dhabi-by-investor-over-fund-losses" onclick="window.open(this.href);return false;">http://www.bloomberg.com/news/articles/ ... und-losses</a>
I think our owner made a few bob bailing out Barclays a few years ago though.
Well he did, but the legal battle between Abu Dhabi and Citigroup are stil on in the US.
The case is Citigroup Inc v. Abu Dhabi Investment Authority, 2nd U.S. Circuit Court of Appeals, No. 13-4825.
Makes it a little bit strange that they at the same time are negotiating a sponsor deal with us...
TCIB
Well-Known Member
Economics is one of the main things in life i admit to not knowing the detail in.
I would bet though whatever the dealings it will see man in expensive suits smiling and shaking hands.
Could this be a method to put out the fire as it were for this thing going on in the courts already ?
If that sounds proper daft again i really dunno the nuances of all this so i apologize for the possibly dumb q in advance.
I would bet though whatever the dealings it will see man in expensive suits smiling and shaking hands.
Could this be a method to put out the fire as it were for this thing going on in the courts already ?
If that sounds proper daft again i really dunno the nuances of all this so i apologize for the possibly dumb q in advance.
MancAbroad
Member
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- 15 Dec 2014
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- 6
I know this sounds ridiculous but I doubt it'll happen because of our ties with the NY Yankees. Citi Bank is a big supporter of the NY Mets and their ground is actually named after the bank. Us joining with Citi bank would piss the Mets off just as much as if Etihad went and sponsered the Rags.
Centurions
Well-Known Member
If you mean this $7.5 billion they allegedly owe Abu Dhabi then I for one would be happy for them to repay it via City.TCIB said:Economics is one of the main things in life i admit to not knowing the detail in.
I would bet though whatever the dealings it will see man in expensive suits smiling and shaking hands.
Could this be a method to put out the fire as it were for this thing going on in the courts already ?
If that sounds proper daft again i really dunno the nuances of all this so i apologize for the possibly dumb q in advance.
Keith Moon
Well-Known Member
ColinLee said:If you mean this $7.5 billion they allegedly owe Abu Dhabi then I for one would be happy for them to repay it via City.TCIB said:Economics is one of the main things in life i admit to not knowing the detail in.
I would bet though whatever the dealings it will see man in expensive suits smiling and shaking hands.
Could this be a method to put out the fire as it were for this thing going on in the courts already ?
If that sounds proper daft again i really dunno the nuances of all this so i apologize for the possibly dumb q in advance.
Ok chaps, $3 billion for the CAS naming rights and we're even Steven?