Tuesday, December 1, 2015
MANCHESTER CITY SELL THIRTEEN PERCENT OF SHARES TO A CHINESE CONSORTIUM .
It was bound to happen sooner or later, The sheikh the owner of Manchester City has become bored of his new toy Manchester City. He has now sold thirteen percent of the shares of Manchester city to a Chinese Consortium called China Media Capital. The price the chinese paid for the thirteen percent shares is a huge sum of 265 million pounds. Now it is China who are leading the world in trade and football s now a worldwide sport. It is also said The Sheikh spent 265 million pounds when he first brought Manchester City. And this agreement of selling thirteen percent of Manchester City to the Chinese company took a of of time , the talks lasted little over six long months.