PL charge City for alleged breaches of financial rules

[wolviedinho]

Abu Dhabi has announced changes at two of the world's biggest sovereign wealth funds (SWFs). The moves put prominent members of the ruling family in charge of strategic investments worth some $1 trillion, and they may also hint at more leadership changes ahead in the oil-rich emirate.

Mubadala, conversely, was created to be a more nimble investor with a greater appetite for risk than the conservative Adia. It was spun off from the UAE Offsets Group in 2002 and since then it had always been headed by Sheikh Mohammed bin Zayed, who oversaw its expansion into a fund with a $284 billion portfolio and a presence in over 50 countries. From an early stage, Sheikh Mohammed entrusted Khaldoun Mubarak with the day-to-day management of Mubadala, and he will retain his position of managing director in the reshuffle.

Sheikh Tahnoon and Sheikh Mansour very high profile positions in managing the current and future wealth of the country, with combined assets of the funds totaling more than $1 trillion. It also demonstrates that they remain trusted lieutenants of the Abu Dhabi ruler, close observers say.

Sheikh Mansour is the deputy prime minister of the UAE, and has been an active international investor for decades, his best known acquisition perhaps being the British soccer club Manchester City in 2008.

So that’s Bellingham sorted then -:)

I think the premier has picked a fight with the wrong people! Masters, levy, Glazers, Fenway hahahahah!

Landmark Shake-Up At Abu Dhabi Wealth Funds

Abu Dhabi has announced changes at two of the world’s biggest sovereign wealth funds.

www.energyintel.com

 

[KS55]

Abu Dhabi has announced changes at two of the world's biggest sovereign wealth funds (SWFs). The moves put prominent members of the ruling family in charge of strategic investments worth some $1 trillion, and they may also hint at more leadership changes ahead in the oil-rich emirate.

Mubadala, conversely, was created to be a more nimble investor with a greater appetite for risk than the conservative Adia. It was spun off from the UAE Offsets Group in 2002 and since then it had always been headed by Sheikh Mohammed bin Zayed, who oversaw its expansion into a fund with a $284 billion portfolio and a presence in over 50 countries. From an early stage, Sheikh Mohammed entrusted Khaldoun Mubarak with the day-to-day management of Mubadala, and he will retain his position of managing director in the reshuffle.

Sheikh Tahnoon and Sheikh Mansour very high profile positions in managing the current and future wealth of the country, with combined assets of the funds totaling more than $1 trillion. It also demonstrates that they remain trusted lieutenants of the Abu Dhabi ruler, close observers say.

Sheikh Mansour is the deputy prime minister of the UAE, and has been an active international investor for decades, his best known acquisition perhaps being the British soccer club Manchester City in 2008.

So that’s Bellingham sorted then -:)

I think the premier has picked a fight with the wrong people! Masters, levy, Glazers, Fenway hahahahah!

Landmark Shake-Up At Abu Dhabi Wealth Funds

Abu Dhabi has announced changes at two of the world’s biggest sovereign wealth funds.

www.energyintel.com

Ahem….Mansour is not THE deputy prime minister of UAE; he is A deputy prime minister, one of three currently.
DPM is a courtesy title conferred on senior members of a body called The Cabinet. This body is described as the supreme sovereign body of UAE. Its job is to give formal assent to legislation already agreed by the government, the Executive Council. The Cabinet has no executive powers and functions like our king as giving the final approval of gov measures. Mansour is not a member of the gov of UAE or AbuDhabi.

 

[Bluesince1979]

And don’t forget, UEFA’s ethics committee was going to investigate where the leaks were emanating from, but that investigation was quietly abandoned
I do wonder if UEFA agreed not to enforce the CAS fine if City agreed the ethics investigation wasn’t concluded

If we did that it makes us weak. Again. Like letting the liverpool hacking situation just quietly go away with a small fine.

But i guess the politics at work maybe gain more by taking a softer approach sometimes

 

[cheekybids]

Abu Dhabi has announced changes at two of the world's biggest sovereign wealth funds (SWFs). The moves put prominent members of the ruling family in charge of strategic investments worth some $1 trillion, and they may also hint at more leadership changes ahead in the oil-rich emirate.

Mubadala, conversely, was created to be a more nimble investor with a greater appetite for risk than the conservative Adia. It was spun off from the UAE Offsets Group in 2002 and since then it had always been headed by Sheikh Mohammed bin Zayed, who oversaw its expansion into a fund with a $284 billion portfolio and a presence in over 50 countries. From an early stage, Sheikh Mohammed entrusted Khaldoun Mubarak with the day-to-day management of Mubadala, and he will retain his position of managing director in the reshuffle.

Sheikh Tahnoon and Sheikh Mansour very high profile positions in managing the current and future wealth of the country, with combined assets of the funds totaling more than $1 trillion. It also demonstrates that they remain trusted lieutenants of the Abu Dhabi ruler, close observers say.

Sheikh Mansour is the deputy prime minister of the UAE, and has been an active international investor for decades, his best known acquisition perhaps being the British soccer club Manchester City in 2008.

So that’s Bellingham sorted then -:)

I think the premier has picked a fight with the wrong people! Masters, levy, Glazers, Fenway hahahahah!

Landmark Shake-Up At Abu Dhabi Wealth Funds

Abu Dhabi has announced changes at two of the world’s biggest sovereign wealth funds.

www.energyintel.com

I was waiting to get to the paragraph that states he’s now bored.

1 trillion & likkle Citeh described as the best known acquisition, PMSL.

 

[SilverFox2]

Ahem….Mansour is not THE deputy prime minister of UAE; he is A deputy prime minister, one of three currently.
DPM is a courtesy title conferred on senior members of a body called The Cabinet. This body is described as the supreme sovereign body of UAE. Its job is to give formal assent to legislation already agreed by the government, the Executive Council. The Cabinet has no executive powers and functions like our king as giving the final approval of gov measures. Mansour is not a member of the gov of UAE or AbuDhabi.

Will he have any say on which countries that massive amount of money may be invested?

 

[lust overlord]

Will he have any say on which countries that massive amount of money may be invested?

I would imagine that would depend on what the relations were with the countries hoping for investment.
I can imagine being called liars and criminals may possibly make things awkward.

 

[Norbiton]

I would imagine that would depend on what the relations were with the countries hoping for investment.
I can imagine being called liars and criminals may possibly make things awkward.

I’d prefer us to be cleared because we hadn’t broken the rules rather than having significant political and financial leverage. Then again, being cleared is the crucial bit!

 

[richards30]

I’d prefer us to be cleared because we hadn’t broken the rules rather than having significant political and financial leverage. Then again, being cleared is the crucial bit!

Yeah i hope we separate the issues and clear our name in a sporting sense rather than the UK government getting involved due to investment pressure?

 

[Keith Moon]

Abu Dhabi has announced changes at two of the world's biggest sovereign wealth funds (SWFs). The moves put prominent members of the ruling family in charge of strategic investments worth some $1 trillion, and they may also hint at more leadership changes ahead in the oil-rich emirate.

Mubadala, conversely, was created to be a more nimble investor with a greater appetite for risk than the conservative Adia. It was spun off from the UAE Offsets Group in 2002 and since then it had always been headed by Sheikh Mohammed bin Zayed, who oversaw its expansion into a fund with a $284 billion portfolio and a presence in over 50 countries. From an early stage, Sheikh Mohammed entrusted Khaldoun Mubarak with the day-to-day management of Mubadala, and he will retain his position of managing director in the reshuffle.

Sheikh Tahnoon and Sheikh Mansour very high profile positions in managing the current and future wealth of the country, with combined assets of the funds totaling more than $1 trillion. It also demonstrates that they remain trusted lieutenants of the Abu Dhabi ruler, close observers say.

Sheikh Mansour is the deputy prime minister of the UAE, and has been an active international investor for decades, his best known acquisition perhaps being the British soccer club Manchester City in 2008.

So that’s Bellingham sorted then -:)

I think the premier has picked a fight with the wrong people! Masters, levy, Glazers, Fenway hahahahah!

Landmark Shake-Up At Abu Dhabi Wealth Funds

Abu Dhabi has announced changes at two of the world’s biggest sovereign wealth funds.

www.energyintel.com

So no crown-prince title for Sheikh Mansour.

 

[lust overlord]

I’d prefer us to be cleared because we hadn’t broken the rules rather than having significant political and financial leverage. Then again, being cleared is the crucial bit!

Of course.

Its one thing if they/we've deliberately broken rules and dishonestly tried to cover the rule breaking up,then punishment is warranted.

If they feel as though they've been done over by a number of rival businesses and a compliant governing body,it's another.

 

[KS55]

Will he have any say on which countries that massive amount of money may be invested?

If he has a position on a sov wealth fund, then yes, but not the same as governing.

 

[M18CTID]

Gobsmacked by that, opposition fans I know openly say we get more than a rough ride in comparison.
Never had any axe to grind with Vicky Kloss, but if that was here genuine view, I’m glad she’s gone.

Yep - like I say, we were all gobsmacked too. It does make me wonder how much Vicky believed what she was saying or whether she was simply trying to discourage us from doing the banner. One of the ideas was to have Merson on it, pissed up with a can of beer in his hand. Vicky didn’t seem keen on that idea, particularly as she told us that she had the likes of Stelling in her mobile phone contacts and if any of the Soccer Saturday lot spouted any bullshit about us - ie: like their ludicrous pontificating about the fee we paid for KDB - she had that line of communication into them whenever their comments bit them on the arse.

It was clear though that she had a decent relationship with Stelling, and probably by extension the rest of the Soccer Saturday mob, so maybe she didn’t want us digging Merson and co out in that way.

 

[mattcity5]

Is a 'spacker' good or bad? ;)

Not a term I've heard before TBH.

A very popular terms in schools in the 70s and 80s from what I remember...

 

[blue b4 the moon]

Yep - like I say, we were all gobsmacked too. It does make me wonder how much Vicky believed what she was saying or whether she was simply trying to discourage us from doing the banner. One of the ideas was to have Merson on it, pissed up with a can of beer in his hand. Vicky didn’t seem keen on that idea - particularly as she told us that she had the likes of Stelling in her mobile phone contacts and if any of the Soccer Saturday lot spouted any bullshit about us - ie: like their ludicrous pontificating about the fee we paid for KDB - she had that line of communication into them whenever their comments bit them on the arse.

It was clear though that she had a decent relationship with Stelling, and probably by extension the rest of the Soccer Saturday mob, so maybe she didn’t want us digging Merson out in that way.

I never met her but, from the outside what I saw was she wasn't delivering it's fair to say what I or many fans wanted from her position.

I assume however, her output was what the club wanted as she was around for a long time.

My impression disingenuous or not was that she was 'in for an easy life' and didn't want to jump in the vipers nest and cause herself any stress.

 

[M18CTID]

I’d prefer us to be cleared because we hadn’t broken the rules rather than having significant political and financial leverage. Then again, being cleared is the crucial bit!

Spot on. Get cleared first and foremost. If that happens, then destroy those clubs who tried to destroy us. Of course, if United get bought by the Qataris in the meantime we might leave them alone but the thought of that scrawny-necked **** John W. Henry's head on a fucking stick and Liverpool financially fucked will be a decent consolation prize! Not forgetting Spurs and that interfering boot-licking prick Levy ;)

 

[CC1]

Spot on. Get cleared first and foremost. If that happens, then destroy those clubs who tried to destroy us. Of course, if United get bought by the Qataris in the meantime we might leave them alone but the thought of that scrawny-necked **** John W. Henry's head on a fucking stick and Liverpool financially fucked will be a decent consolation prize! Not forgetting Spurs and that interfering boot-licking prick Levy ;)

City wouldn’t do that. Getting cleared is all they want. They’re not revengeful

 

[Centurions]

City wouldn’t do that. Getting cleared is all they want. They’re not revengeful in public.

Slight edit.

 

[CC1]

Slight edit.

I’ll take that!! Rather like your edit. Feeling nicely smug now :)

 

[TFC]

Difficult to argue with any of that.

People may be surprised that one of our directors didn’t see it that way though. As much as I like her (she’s left the club now so I’m sure everyone can guess who I’m talking about), back in 2017 a few of us had a meeting with her to discuss an idea we had for a drop down banner and whether the club would be comfortable with us doing it. It was basically the original version of the Muppet Show banner which we eventually had done when UEFA banned us for 2 years, only instead of various UEFA officials being featured, it would have various journalists and pundits who had slagged us off down the years.

VK (not Vincent Kompany) felt that it wasn’t subtle enough and that there are other ways to skin a cat and get out point across. She wasn’t outright saying we couldn’t do it but she also said that there was no more bias against City in the media than there is against any other high profile club which surprised everyone in attendance.

Any chance this can still happen? Would be an epic banner :)

 

[TFC]

I'm constantly amazed at the number of people who don't believe that the media indulges in systematic bias against certain clubs, when they absolutely do. I'm similarly amazed by those people who will acknowledge the possibility of political bias on the front pages of particular newspapers, but deny the same possibility when it comes to the back pages.
Just taking the Mail as an example, every article comes with a comments section. The paper's aim is to ensure that as many people as possible click on those articles, in order that they might maximise the advertising revenue central to their continued existence. It does this on the front pages by appealing to its largest readership demographic. Endless negative stories about lefties, teachers, lazy public servants, Meghan Markle, soft judges, asylum seekers, the cancel culture, 'militant' unions, remoaners, Gary Lineker etc etc are always the order of the day, because the Mail knows its foam flecked gammon army will hammer away with such fury that their keyboards will catch fire.
As to the back pages then, which two clubs have far and away the biggest fan bases in this country? And which club do you think is an oven ready enemy for both, having deprived them of hundreds of millions in prize money and trophies since 2011? Once you've joined the dots by answering those two questions, the penny should drop. City have been portrayed as football ruining, cheating, nouveau riche, sportswashing, plastic, no European pedigree, obscene spending (complete with squad cost comparisons, once famously when we weren't even one of the teams playing), human rights abusing, dodgy Arab owned, corrupt, 'dirty' oil money funded, success buying filth, non-stop for 15 years now, and our 'guilt' as regards the current PL investigation has long since been declared as fact.
Other papers, most notably the Guardian, have clear editorial policies when it comes to City and I defy you to find a single article from Miguel Delaney, Barney Ronay, Jonathan Liew etc that doesn't contain at least one of the phrases "state owned project", "oil funded" or "sportswashing". I've seen other journalists call our fans 'grubby apologists' and 'filthy rats', I've seen domestic broadcasters stuff their panels with rag pundits for our European games and listened to them call us mercenaries and wait until the half time interval to pan the camera around the crowd and sneer at us for having empty seats, and I've turned on the radio and heard us called "disgusting" and a "Frankenstein club". It's been relentless and no other club has ever had to put up with an onslaught of even remotely comparable degree. It doesn't mean that all journalists and broadcasters are out to get us, but compared to our immediate rivals we're a country mile ahead in the vilification stakes

'Foam flecked gammon army' is possibly the best combination of 4 words we've ever had on here.