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==Ownership and finances== {{main|Manchester City F.C. ownership and finances}} The holding company of Manchester City, Manchester City Limited, is a [[private limited company]], with approximately 54 million shares in issue. The club has been in private hands since 2007, when the major shareholders agreed to sell their holdings to UK Sports Investments Limited (UKSIL), a company controlled by former Thailand prime minister [[Thaksin Shinawatra]]. UKSIL then made a formal offer to buy the shares held by several thousands of small shareholders. Prior to the Thaksin takeover, the club was listed on the specialist independent equity market PLUS (formerly OFEX),<ref name="PLUS">{{cite web | title=Manchester City plc| work=PLUS Markets Group | url=http://www.plusmarketsgroup.com/details.shtml?ISIN=GB0005599336| access-date=30 April 2007 | archive-url=https://web.archive.org/web/20070205055003/http://www.plusmarketsgroup.com/details.shtml?ISIN=GB0005599336 <!--Added by H3llBot--> | archive-date=5 February 2007 }}</ref> where it had been listed since 1995. On 6 July 2007, having acquired 75% of the shares, Thaksin de-listed the club and re-registered it as a private company.<ref>{{cite news |url=http://news.bbc.co.uk/1/hi/business/6277502.stm |title=Thaksin completes Man City buyout |publisher=BBC News |access-date=6 July 2007 |date=6 July 2007 |archive-date=12 January 2016 |archive-url=https://web.archive.org/web/20160112223415/http://news.bbc.co.uk/1/hi/business/6277502.stm |url-status=live }}</ref> By August, UKSIL had acquired over 90% of the shares and exercised its rights under the Companies Act to "squeeze out" the remaining shareholders, and acquire the entire shareholding. Thaksin Shinawatra became chairman of the club and two of Thaksin's children, Pintongta and [[Panthongtae Shinawatra|Oak Chinnawat]] became directors. Former chairman John Wardle stayed on the board for a year, but resigned in July 2008 following [[Nike, Inc.|Nike]] executive [[Garry Cook (CEO)|Garry Cook]]'s appointment as executive chairman in May.<ref>{{cite news | url=https://www.theguardian.com/football/2008/jul/10/manchestercity.premierleague | title=Wardle quits City | work=The Guardian | location=UK | access-date=28 August 2008 | first=Daniel | last=Taylor | date=10 April 2009 | archive-date=7 November 2011 | archive-url=https://web.archive.org/web/20111107015253/http://www.guardian.co.uk/football/2008/jul/10/manchestercity.premierleague | url-status=live }}</ref> The club made a pre-tax loss of £11m in the fiscal year ending 31 May 2007, the final year for which the club published accounts as a public company.<ref>{{cite news | title=Manchester City's losses trebled under Thaksin Shinawatra| work=The Telegraph | url=https://www.telegraph.co.uk/sport/football/teams/manchester-city/5137361/Manchester-Citys-losses-trebled-under-Thaksin-Shinawatra.html |archive-url=https://ghostarchive.org/archive/20220110/https://www.telegraph.co.uk/sport/football/teams/manchester-city/5137361/Manchester-Citys-losses-trebled-under-Thaksin-Shinawatra.html |archive-date=10 January 2022 |url-access=subscription |url-status=live| access-date =19 April 2017 | date=10 April 2009 }}{{cbignore}}</ref> Thaksin's purchase prompted a period of transfer spending at the club,<ref>{{cite news |url=http://uk.reuters.com/article/sportsNews/idUKL0287604320070802 |title=Eriksson continues Man City spending |work=Reuters |access-date=13 January 2008 |date=2 August 2007 |archive-date=4 March 2009 |archive-url=https://web.archive.org/web/20090304231003/http://uk.reuters.com/article/sportsNews/idUKL0287604320070802 |url-status=dead }}</ref> in total around £30 million,<ref>{{cite web |url=https://www.fifa.com/worldfootball/clubfootball/news/newsid=563047.html |title=Bojinov joins Man City |publisher=FIFA |access-date=13 January 2008 |archive-date=21 August 2007 |archive-url=https://web.archive.org/web/20070821233859/http://www.fifa.com/worldfootball/clubfootball/news/newsid=563047.html |url-status=dead }}</ref> whereas over the several previous seasons Manchester City's net spending had been among the lowest in the Premier League. A year later, this investment was dwarfed by an influx of money derived from the club's takeover. On 1 September 2008, [[Abu Dhabi]]-based [[Abu Dhabi United Group|Abu Dhabi United Group Investment and Development Limited]] completed the takeover of Manchester City. The deal, worth a reported £200 million, was announced on the morning of 1 September. It sparked various transfer "deadline-day" rumours and bids such as the club's attempt to [[gazump]] [[Manchester United F.C.|Manchester United]]'s protracted bid to sign [[Dimitar Berbatov]] from [[Tottenham Hotspur F.C.|Tottenham Hotspur]] for a fee in excess of £30 million.<ref>{{cite news |url = https://www.theguardian.com/football/2008/sep/01/manchestercity.premierleague1 |title = Manchester City's new owners put national pride before profit |work = The Guardian |location = UK |date = 1 September 2008 |access-date = 1 April 2011 |first = James |last = Montague |archive-date = 27 June 2013 |archive-url = https://web.archive.org/web/20130627172308/http://www.guardian.co.uk/football/2008/sep/01/manchestercity.premierleague1 |url-status = live }}</ref><ref>{{cite news | title = City Takeover Confirmed | url = http://www.skysports.com/story/0,19528,11661_4078332,00.html | publisher = Sky Sports | access-date = 9 January 2008 | archive-date = 3 March 2016 | archive-url = https://web.archive.org/web/20160303190121/http://www.skysports.com/story/0,19528,11661_4078332,00.html | url-status = live }}</ref> Minutes before the transfer window closed, the club signed [[Robinho]] from [[Real Madrid CF|Real Madrid]] for a [[Progression of British football transfer record|British record transfer fee]] of £32.5 million.<ref>{{cite news | url = http://news.bbc.co.uk/sport1/hi/football/teams/m/man_city/7593026.stm | title = Man City beat Chelsea to Robinho | work = bbc.co.uk | publisher = (Manchester City Football Club) | date = 1 September 2008 | access-date = 19 April 2017 | archive-date = 23 January 2009 | archive-url = https://web.archive.org/web/20090123042207/http://news.bbc.co.uk/sport1/hi/football/teams/m/man_city/7593026.stm | url-status = live }}</ref> The wealth of the new owners meant that, in the summer of 2009, City were able to finance the purchase of experienced international players prior to the [[2009–10 Manchester City F.C. season|new season]], spending more than any other club in the Premier League.<ref>{{cite web | title = English Transfer Window Ends With Man City As Biggest Spenders | url = http://www.goal.com/en-us/news/85/england/2009/09/01/1475428/english-transfer-window-ends-with-man-city-as-biggest | publisher = goal.com | access-date = 2 September 2009 | archive-date = 3 October 2018 | archive-url = https://web.archive.org/web/20181003121254/http://www.goal.com/en-us/news/85/england/2009/09/01/1475428/english-transfer-window-ends-with-man-city-as-biggest | url-status = live }}</ref> ===City Football Group=== {{main|City Football Group}} Created in the 2013–14 season to manage the global footballing interests of the [[Abu Dhabi United Group]], [[City Football Group]] (CFG) is an umbrella corporation owning stakes in a network of global clubs for the purposes of resource sharing, academy networking and marketing. ====CFG ownership==== {{C.F.G. Owned Clubs}} In addition to Manchester City, City Football Group owns stakes in a number of clubs: * {{flagicon|AUS}} [[Melbourne City FC|Melbourne City]] (2014–present)<ref>{{cite news|title=The resources and power of Sheikh Mansoor makes this deal a seismic moment for the A-League|url=http://www.heraldsun.com.au/sport/football/the-resources-and-power-of-sheikh-mansoor-makes-this-deal-a-seismic-moment-for-the-aleague/story-fni2wcjl-1226808309758|publisher=Herald Sun|date=23 January 2014|access-date=23 January 2014|archive-date=12 March 2020|archive-url=https://web.archive.org/web/20200312190329/http://www.heraldsun.com.au/sport/football/the-resources-and-power-of-sheikh-mansoor-makes-this-deal-a-seismic-moment-for-the-aleague/story-fni2wcjl-1226808309758|url-status=live}}</ref> :On 23 January 2014, it was announced that Manchester City had partnered with the Australian rugby league franchise [[Melbourne Storm]], purchasing a majority stake in [[A-League]] team [[Melbourne City FC|Melbourne City]]. On 5 August 2015, CFG bought out the Storm and acquired full ownership of the team.<ref name="afr">{{cite web|url=http://www.afr.com/business/sport/manchester-city-buy-out-wealthy-melbourne-city-investors-20150730-gio4k8|title=Manchester City buy out wealthy Melbourne City investors|date=2 August 2015|access-date=5 August 2015|author=John Stensholt|publisher=Australian Financial Review|archive-date=8 August 2015|archive-url=https://web.archive.org/web/20150808014422/http://www.afr.com/business/sport/manchester-city-buy-out-wealthy-melbourne-city-investors-20150730-gio4k8|url-status=live}}</ref> * {{flagicon|JPN}} [[Yokohama F. Marinos]] (2014–present)<ref>{{cite web|title=Manchester City Pre-Season Tour 2016|url=https://www.mancity.com/-/media/Files/Media%20Guide/Tour%20Media%20Guide%20-%202016.pdf?la=en#page=10.|publisher=mancity.com|access-date=19 April 2017|archive-date=20 April 2017|archive-url=https://web.archive.org/web/20170420143808/https://www.mancity.com/-/media/Files/Media%20Guide/Tour%20Media%20Guide%20-%202016.pdf?la=en#page=10.|url-status=live}}</ref> :On 20 May 2014, it was announced that Manchester City had partnered with the Japanese Automotive company [[Nissan]] to become a minority shareholder in [[Yokohama]] based [[J-League]] side, [[Yokohama F. Marinos]]. * {{flagicon|USA}} [[New York City FC]] (2015–present)<ref>{{cite news|title=New Soccer Team Introduces a Director of Operations|url=https://www.nytimes.com/2013/05/23/sports/soccer/new-york-city-fc-picks-claudio-reyna-as-director-of-operations.html|work=[[The New York Times]]|date=22 May 2013|access-date=22 May 2013|archive-date=9 November 2017|archive-url=https://web.archive.org/web/20171109032735/http://www.nytimes.com/2013/05/23/sports/soccer/new-york-city-fc-picks-claudio-reyna-as-director-of-operations.html|url-status=live}}</ref> :On 21 May 2013, it was announced that Manchester City had partnered with the American baseball franchise the [[New York Yankees]] to introduce the 20th [[Major League Soccer]] expansion team, [[New York City FC]] as its majority shareholder. The club began play in the [[2015 Major League Soccer season]]. * {{flagicon|URU}} [[Montevideo City Torque]] (2017–present)<ref name="Torque">{{cite web|title=CFG Extends South American Footprint|url=https://www.mancity.com/news/club-news/2017/04/05/city-football-group-extends-south-american-footprint-club-atletico-torque-atletico-venezuela/1491408720563|website=Manchester City Official Website|access-date=5 April 2017|date=5 April 2017|archive-url=https://web.archive.org/web/20170521060753/https://www.mancity.com/news/club-news/2017/04/05/city-football-group-extends-south-american-footprint-club-atletico-torque-atletico-venezuela/1491408720563|archive-date=21 May 2017|url-status=dead}}</ref> :On 5 April 2017, CFG confirmed the purchase of Uruguayan second division team [[Montevideo City Torque]]. * {{flagicon|ESP}} [[Girona FC|Girona]] (2017–present)<ref name="Girona">{{cite news|title=Manchester City's parent company seals deal for major stake in Girona|url=https://www.theguardian.com/football/2017/aug/23/manchester-city-buy-girona-spanish-club|work=The Guardian|access-date=24 August 2017|date=23 August 2017|archive-date=24 August 2017|archive-url=https://web.archive.org/web/20170824025330/https://www.theguardian.com/football/2017/aug/23/manchester-city-buy-girona-spanish-club|url-status=live}}</ref> :On 23 August 2017, it was announced that CFG had acquired 44.3% of [[Segunda División]] (second tier) side [[Girona FC|Girona]]. Another 44.3% was held by the Girona Football Group, led by Pere Guardiola, brother of Manchester City manager [[Pep Guardiola]]. * {{flagicon|CHN}} [[Shenzhen Peng City F.C.|Shenzhen Peng City]] (2019–present)<ref>{{cite web|title=曼城母公司收购四川九牛获官方宣布|url=http://sports.sina.com.cn/china/b/2019-02-20/doc-ihqfskcp6938432.shtml|website=Sina.com|access-date=20 February 2019|date=20 February 2019|archive-date=20 February 2019|archive-url=https://web.archive.org/web/20190220181657/http://sports.sina.com.cn/china/b/2019-02-20/doc-ihqfskcp6938432.shtml|url-status=live}}</ref> :On 20 February 2019, it was announced that CFG as well as UBTECH and China Sports Capital had acquired [[Sichuan Jiuniu F.C.|Sichuan Jiuniu]]. * {{flagicon|IND}} [[Mumbai City FC|Mumbai City]] (2019–present)<ref name="Mumbai City">{{cite news|title=CFG acquires majority stake in Indian Super League's Mumbai City FC|url=https://www.cityfootballgroup.com/information-resource/news-and-press-packs/cfg-acquires-majority-stake-in-indian-super-league-s-mumbai-city-fc/|website=City Football Group|publisher=City Football Group|access-date=28 November 2019|archive-date=28 November 2019|archive-url=https://web.archive.org/web/20191128111630/https://www.cityfootballgroup.com/information-resource/news-and-press-packs/cfg-acquires-majority-stake-in-indian-super-league-s-mumbai-city-fc/|url-status=live}}</ref> :CFG was announced as majority stakeholder of [[Mumbai City FC|Mumbai City]] on Thursday 28 November 2019 after acquiring 65% of the club. Mumbai City is the professional football club based in [[Mumbai]], competing in the [[Indian Super League]]. * {{flagicon|BEL}} [[Lommel S.K.|Lommel]] (2020–present)<ref name="belgium">{{cite web|title=Kogel is door de kerk: Lommel gaat in zee met Manchester City|trans-title=Done deal: Lommel partners with Manchester City|url=https://sporza.be/artikels/kogel-is-door-de-kerk-lommel-gaat-in-zee-met-manchester-city~1589191313737/|website=sporza.be|date=11 May 2020|access-date=11 May 2020|archive-date=1 June 2022|archive-url=https://web.archive.org/web/20220601081014/https://sporza.be/nl/2020/05/11/kogel-is-door-de-kerk-lommel-gaat-in-zee-met-manchester-city/|url-status=live}}</ref> :CFG was announced as a majority stakeholder of [[Lommel S.K.|Lommel]] on Monday 11 May 2020, acquiring the majority (unspecified) of the club's shares. Lommel is a professional football club based in [[Lommel]], competing in the [[Belgian First Division B]] (second tier). * {{flagicon|FRA}} [[Troyes AC|Troyes]] (2020–present)<ref>{{cite web|title=Troyes AC: Manchester City owners City Football Group acquire Ligue 2 club|url=https://www.skysports.com/football/news/11800/12062548/troyes-ac-manchester-city-owners-city-football-group-acquire-ligue-2-club|access-date=3 September 2020|website=Sky Sports|archive-date=4 September 2020|archive-url=https://web.archive.org/web/20200904043948/https://www.skysports.com/football/news/11800/12062548/troyes-ac-manchester-city-owners-city-football-group-acquire-ligue-2-club|url-status=live}}</ref> :On 3 September 2020, CFG announced that they had purchased the shares of Daniel Masoni, the former owner of [[Ligue 2]] (second tier) club [[Troyes AC|Troyes]], making them the majority shareholder of the French club. * {{flagicon|ITA}} [[Palermo FC|Palermo]] (2022–present)<ref>{{Cite web |title=Il City Football Group rileva la maggioranza del Palermo FC |url=https://www.palermofc.com/it/news/il-city-football-group-rileva-la-maggioranza-del-palermo-fc_38024/ |access-date=2022-07-04 |website=Palermo F.C. |language=it |archive-date=4 July 2022 |archive-url=https://web.archive.org/web/20220704102825/https://www.palermofc.com/it/news/il-city-football-group-rileva-la-maggioranza-del-palermo-fc_38024/ |url-status=live }}</ref> :On 4 July 2022, Italian [[Serie B]] (second tier) club Palermo announced that CFG had acquired an 80% majority stake in their ownership. * {{flagicon|BRA}} [[Esporte Clube Bahia|Bahia]] (2023–present)<ref>{{Cite web |last=nelson.barros |date=2022-12-03 |title=Nota Oficial - Notícias Esporte Clube Bahia |url=https://www.esporteclubebahia.com.br/nota-oficial-59/ |access-date=2023-05-06 |website=Esporte Clube Bahia |language=en |archive-date=27 January 2023 |archive-url=https://web.archive.org/web/20230127220746/https://www.esporteclubebahia.com.br/nota-oficial-59/ |url-status=live }}</ref> :On 3 December 2022, CFG acquired 90% of [[Campeonato Brasileiro Série A]] club [[Esporte Clube Bahia|Bahia]]. The deal was finalised on 4 May 2023. ====Partner clubs==== * {{flagicon|BOL}} [[Club Bolívar]] (2021–present)<ref>{{cite web |title=Club Bolivar joins City Football Group as first Partner Club |url=https://www.cityfootballgroup.com/information-resource/news-and-press-packs/club-bolivar-joins-city-football-group-as-first-partner-club/ |website=cityfootballgroup.com |date=11 January 2021 |access-date=12 January 2021 |archive-date=12 January 2021 |archive-url=https://web.archive.org/web/20210112101130/https://www.cityfootballgroup.com/information-resource/news-and-press-packs/club-bolivar-joins-city-football-group-as-first-partner-club/ |url-status=live }}</ref> :On 12 January 2021, CFG announced Bolivian club [[Club Bolívar]] as its first partner club. * {{Flagicon|FRA}} [[Vannes OC|Vannes]] (2021–present)<ref>{{cite web|date=18 February 2021|title=Vannes Olympique Club enters in a partnership with City Football Group|url=https://vannesoc.com/2021/02/18/vannes-olympique-club-enters-in-a-partnership-with-city-football-group/|access-date=18 February 2021|website=Vannes Olympique Club|language=fr-FR|archive-date=18 February 2021|archive-url=https://web.archive.org/web/20210218161100/https://vannesoc.com/2021/02/18/vannes-olympique-club-enters-in-a-partnership-with-city-football-group/|url-status=live}}</ref> :On 18 February 2021, CFG announced that French [[Championnat National 2]] (tier 4) club [[Vannes OC|Vannes]] would be its second partner club.
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