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Sheikh Mansour injects £100m into City Football Group after Man City's guilty verdict

Manchester City owner Sheikh Mansour has pumped a further £100 million into the City Football Group via a new share issue, even as the club pursues an appeal against being found guilty of 114 Premier League financial charges.

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Sheikh Mansour injects £100m into City Football Group after Man City's guilty verdict
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Manchester City owner Sheikh Mansour has invested an additional £100 million into the City Football Group, Companies House filings reveal, doubling down on his commitment to the club just weeks after it was found guilty of 114 of the 115 Premier League financial charges levelled against it.

The funds were raised through the issuance of 11,327,163 new shares, all of which were purchased by Mansour’s Newton Investment and Development vehicle, marginally increasing his already majority holding in the group. The City Football Group is currently valued at just under £6 billion and encompasses clubs including Manchester City, Girona, Lommel SK, Troyes, Palermo, New York City, Montevideo City Torque, Bahia, Melbourne City, and Shenzhen Peng City.

City, eight-time Premier League champions, have confirmed they will appeal the verdict, which will now be heard by a separate independent commission. The club maintains its innocence throughout.

While Mansour himself has not spoken publicly on the charges, CEO Ferran Soriano addressed staff in a lengthy message following the ruling. Soriano insisted the entire Premier League case rests on what he called a single false accusation — that the owner’s personal money was covertly channelled into the club through Abu Dhabi-based sponsors.

“Irrefutable evidence has been provided to the Premier League commission that shows that it could not happen and that it did not happen,” Soriano wrote. “This includes bank statements, money transfers, witnesses and everything necessary to categorically demonstrate that the money did not come from the owner.”

Soriano expressed surprise at the commission’s findings, arguing that its opinion had to “ignore the extensive evidence provided by the club in order to reach a conclusion that is clearly wrong.” He drew a parallel with City’s 2020 UEFA ban, which was overturned on appeal at the Court of Arbitration for Sport, suggesting the club’s lawyers are confident of identifying “clear material errors of law, principle and fact” in the current ruling.

The £100 million share purchase signals that, whatever the outcome of the appeal, Mansour has no intention of stepping back from his investment in the City Football Group’s global portfolio.

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