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Mansour spent 200 million pounds to buy Manchester City in 2008; how much money did he make over those 11 years?

2019-06-27View Original

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Manchester City is one of the most successful teams in modern football; since it was acquired by a Middle Eastern consortium in 2008, the team has managed to overcome its poor form. In just a few years, Manchester City has won 4 Premier League titles, 4 League Cup titles, and 1 FA Cup title. It should be noted that back then, Manchester City not only had an average team performance but also faced a debt crisis. Sheikh Mansour, a wealthy man, acquired Manchester City in 2008 for £200 million, and today Manchester City is one of the most valuable teams. How much money did Mansour earn over those 11 years? http://p9.pstatp.com/large/pgc-image/8f8c8249b6804c92b6e0233d19d5bad8 In the year 2000, Manchester City managed to return to the Premier League after two consecutive promotions. However, the team faced continuous problems in the following years; poor results led to frequent changes in managers, and there wasn’t enough funding to invest in players, so it remained in the Premier League but performed very poorly. However, everything changed in 2008 when an Arab consortium acquired Manchester City, after which they began acquiring star players on a large scale. http://p9.pstatp.com/large/pgc-image/020af9a96a684b8c879f473eea8dc6ed Manchester City’s strength increased significantly after acquiring stars such as Robinho, Benhaim, Gareth, Givens, and Santa Cruz. In the following years, further major acquisitions were made, and Manchester City gradually became a top-tier team. Since Mansour acquired Manchester City, the club has won 9 championship trophies, a achievement that is evident to all. Mansour is a very generous billionaire who has spent over 1 billion pounds on the club; surely there is no reason for him to fail. For more information, visit Tenbo Sports and Rebo Sports at http://p3.pstatp.com/large/pgc-image/d7d2263fa40a43809752e846d88173c7. According to Forbes’ 2018 ranking of the world’s best football clubs, Manchester City was ranked 5th with a value of $2.474 billion, behind Manchester United, Real Madrid, Barcelona, and Bayern Munich. This year, Manchester City won both the League Cup and the Premier League title, and the team’s influence and value are set to continue rising. From 200 million pounds (about 260 million dollars) in 2008 to 2.474 billion dollars last year, there was an increase of 2.2 billion dollars in value, and Mansour reaped huge profits from this. http://p9.pstatp.com/large/pgc-image/039cf0f4f0f14402933e7f13801ffffc Mansour can be considered one of the bosses most willing to spend money; although the team’s value has increased rapidly and its revenues are quite good, it is precisely such investment that lies at the heart of Manchester City’s success. For Mansour, the money invested in Manchester City is negligible. He is one of the most powerful and wealthy people in the world; at 49 years old, his personal wealth exceeds 50 billion pounds, while the wealth of his family exceeds 500 billion pounds. Due to his interest in sports since childhood, Mansour has invested in many sports clubs; he is also the president of several Al-Jazira sports clubs and the president of Al Jazeera Sports Club. It was thanks to his investment that Manchester City was able to overcome its initial difficulties and rise to become a top-tier team.

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