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UAE May Halt UK Investments After Manchester City Guilty Verdict

The UAE has reportedly threatened to withdraw major UK investments after Manchester City was found guilty of alleged financial-rule breaches.

M

Marcus Kay

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UAE May Halt UK Investments After Manchester City Guilty Verdict

The United Arab Emirates has reportedly warned Britain that it could withdraw major investments after an independent commission found Manchester City guilty of breaching Premier League financial regulations. Reports say Emirati officials believe the verdict could damage bilateral relations, with possible consequences for multibillion-dollar projects, including a technology hub near Oxford and Cambridge. The commission upheld 114 of 115 charges involving alleged concealed funding and sham sponsorship agreements. Manchester City denies wrongdoing, has appealed, and argues that the ruling contains errors

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