Abu Dhabi United Group

Abu Dhabi United Group for Development and Investment
Abu Dhabi United Group (ADUG)
Native name
مجموعة أبوظبي المتحدة للتنمية والاستثمار
IndustrySports
Sports services
Founded2008
FounderMansour bin Zayed Al Nahyan
Headquarters,
Key people
Khaldoon Al Mubarak
OwnerMansour bin Zayed Al Nahyan
SubsidiariesCity Football Group (81%)

The Abu Dhabi United Group for Development and Investment (ADUG; Arabic: مجموعة أبوظبي الاتحاد للتنمية والاستثمار) is a United Arab Emirates (UAE) based private equity company.[1] It is owned by Sheikh Mansour bin Zayed Al Nahyan,[2] member of the Abu Dhabi Royal Family and Vice President of UAE.[3][4] Leaks of internal documents show that the Abu Dhabi government manages the accounts belonging to ADUG.[5] ADUG insists it is separate from the Abu Dhabi government.[5]

The primary interest of the group is its 81% majority ownership of City Football Group, a worldwide organisation most notably controlling Manchester City, Mumbai City, Melbourne City and New York City, as well as several other international football clubs. However, it also holds interests in various other endeavours outside of the sporting world with an extensive property portfolio in the United Arab Emirates and Manchester.

  1. ^ "4 ways English champions Manchester City reflect the new world order". Washington Post. ISSN 0190-8286. Archived from the original on 10 October 2018. Retrieved 9 August 2021.
  2. ^ "Company Overview of Abu Dhabi United Group for Development and Investment". Bloomberg Businessweek. Archived from the original on 19 July 2013. Retrieved 27 June 2012.
  3. ^ Randall, Colin (9 September 2008). "Mansour to replace Man City directors". TheNational.ae. Archived from the original on 13 September 2008. Retrieved 1 October 2008.
  4. ^ "UAE Federal e-Government Portal - Ministry of Presidential Affairs". government.ae. Archived from the original on 4 June 2008. Retrieved 1 October 2008.
  5. ^ a b Buschmann, Rafael; Naber, Nicola; Winterbach, Christoph (7 April 2022). "Manchester City's Cozy Ties to Abu Dhabi: Sponsorship Money – Paid for by the State". Der Spiegel. ISSN 2195-1349. Archived from the original on 2 January 2020. Retrieved 7 April 2022.

From Wikipedia, the free encyclopedia · View on Wikipedia

Developed by Nelliwinne