Abu Dhabi warns Britain over Manchester City punishment and £30 billion investment ties

  • Abu Dhabi warned Britain that severe Manchester City punishment could affect future investment.
  • The panel found City inflated revenue and cut reported costs by more than £900 million.
  • Manchester City appealed on Thursday, while possible sanctions range from a fine to expulsion.

Abu Dhabi has warned Britain that severe punishment for Manchester City could affect future investment, Bloomberg reported, as the club appeals a Premier League ruling covering nine seasons. The panel found that City used sham sponsorship deals to inflate revenue and reduce reported costs by more than £900 million. Manchester City denies wrongdoing, while possible sanctions range from a fine to expulsion. The investment links run through chairman Khaldoon Al Mubarak, who also leads Mubadala, an Abu Dhabi state investment fund involved in a UK-UAE partnership that began as a £10 billion pledge in 2021 and has since drawn about £30 billion, according to the Financial Times. Bloomberg’s sources said Al Mubarak’s September 14 meeting with Business Secretary Jonathan Reynolds covered defence, security, intelligence and trade, but not the City case. Downing Street said no one could be above the rules. Britain previously blocked a 2024 Telegraph bid backed by Sheikh Mansour, although UAE investment continued. China and Saudi Arabia have been mentioned as potential beneficiaries if UAE-backed trade arrangements weaken, but that possibility remains speculation.

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