Connect with us

General Football News

Manchester City owner Sheikh Mansour invests £595m in one of Liverpool’s partners

Manchester City owner Sheikh Mansour has invested £595 million in one of Liverpool’s partners, reports Football Transfers.

American investment firm RedBird Capital Partners has received £1.9 billion for a sports investment, with more than a third of it coming from Abu Dhabi’s International Media Investments (IMI).

Sheikh Mansour bin Zayed Al-Nahyan owns IMI and has now expanded his interests.

RedBird Capital Partners is the third-largest partner of Liverpool owners Fenway Sports Group.

The New York-based firm also owns AC Milan having acquired the club from American hedge fund Elliott for €1.2billion last August.

85% of French club Toulouse and a minority stake in the Rajasthan Royals IPL cricket team also belong to RedBird.

The firm wanted to acquire a direct stake in Liverpool before opting to do business with their parent company instead.

Having been boosted with big-money investment from the Man City owner and co, more acquisitions are expected from RedBird.

Sheikh Mansour’s City Football Group recently acquired Brazilian club Esporte Clube Bahia after buying 90% of their shares.

CFG now have 13 clubs under their multi-club ownership model, and Sheikh Mansour is not resting on his oars.

The United Arab Emirates deputy prime minister will keep investing in sports outlets and investment firms, and Liverpool could benefit from his latest move.

FSG are looking for potential investors to acquire a minority stake in the Merseyside club.

They are examining a partial sale as they look to fund the next stage in the club’s development.

Liverpool are hoping to finish in the top four after finally hitting some form in the Premier League.

More in General Football News