SSN is a digest of the day's soccer/football/futbol articles with a focus on the top European leagues and the United States National Team. Below, you’ll find links to articles and video, as well as additional features and commentary. We locate the top news of the day so you can stay updated with ease.
Tuesday, August 30, 2011
Manchester City taken to a whole new level with Sheikh Mansour's £1 billion investment
Three years after the regime of previous owner Thaksin Shinawatra almost plunged City into financial meltdown, with the club desperately attempting to fund the £6.45 million signing of Argentine full-back Pablo Zabaleta before the 2008 summer transfer window closed, the transformation of Manchester City is now almost complete – at the cost of £915,000 a day.
Having spent £210 million to acquire Thaksin’s stake, plus a transfer outlay taken to £433 million with Nasri’s arrival last week and an aggregate wage bill of £360 million, Sheikh Mansour’s bank account has now had £1.003 billion of its funds directed towards his football team since Sept 1, 2008.
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