Man City owners bankroll £60m injection – official documents filed
Manchester City’s owners have invested £60million in the form of a new share issue.
Pep Guardiola’s side form part of the City Football Group (CFG), which was created in 2013 to build a multi-club organisation, with 11 more teams making up the portfolio.
A Companies House submission on Monday (19 January) confirmed CFG has issued almost 6.8 million A Preference Shares.
Each share was purchased at £8.83 on 31 October, taking the total investment to £60m.
It comes after Man City’s owners injected £70m in early 2025 due to the ongoing cash requirements of the group.
How Man City’s ownership group is structured
Man City’s ownership has gone through a period of change over the past few years.
The Abu Dhabi United Group, which is owned by Sheikh Mansour – the vice president of the UAE – purchased the club in 2008 for around £200m.
Silicon Valley-based private equity firm Silver Lake initially bought a 10 per cent stake in CFG in 2019 before later increasing its shareholding to 18.1 per cent.
However, Mansour increased his shares in Man City’s ownership group to more than 80 per cent in 2024 after his vehicle, Newton Investment and Development, injected £420m.
As a result, Silver Lake saw its stake in the CFG diluted to below 17 per cent.
It’s so far unclear whether Mansour or Silver Lake is behind the latest £60m injection, with both parties holding A Preference Shares.
Mansour’s financial power was laid bare during a recent encounter with US President Donald Trump, who said the Man City chief has “unlimited cash” as the pair crossed paths at the Gaza peace summit in Egypt last October.
Why Man City’s ownership group needs cash injections
Finance expert Stefan Borson previously told Football Insider Mansour will continue injecting cash into CFG to pay the bills and finance ongoing projects.
Man City are currently expanding the Etihad Stadium, with the £300m redevelopment of the North Stand taking the ground’s capacity beyond 60,000.
Meanwhile, New York City FC – one of the other clubs within CFG’s portfolio – are building a new 25,000-seater stadium.
CFG’s latest published accounts for 2023-24 revealed its losses reached £122.2m, taking its cumulative losses to almost £1billion since it was founded in 2013.
The group recorded a revenue of £933.1m in 2023-24, but its figures are yet to be revealed for last season.
A large portion of CFG’s turnover comes from Guardiola’s side, with Man City generating the highest revenue in the Premier League in recent years.
However, their turnover slipped from £715m in 2023-24 to £694m last season after failing to win a major trophy.
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