Latest news with #SheikhMansour
Yahoo
5 hours ago
- Business
- Yahoo
ONE BILLION fine for Man City?! Ex-player makes clever lower-league money plan - if Pep Guardiola's side get mega punishment in 115 charges FFP battle
Verdict yet to be delivered in FFP case Punishments have been speculated on City continue to plead their innocence Follow GOAL on WhatsApp! 🟢📱 WHAT HAPPENED? Those at the Etihad Stadium maintain that they have done nothing wrong when it comes to a Financial Fair Play case that sees at least 115 charges hanging over the blue half of Manchester. A definitive ruling is yet to be passed following an independent hearing. THE BIGGER PICTURE A verdict will be delivered at some stage, with various punishments being speculated on. There has been talk of City being stung with points deductions, transfer embargoes or expulsion from the top-flight of English football. DID YOU KNOW? Arguments have been offered against most of those sanctions, but a hefty fine could still be on the cards. Billionaire owner Sheikh Mansour will have no problem paying, and he may be given a chance to benefit those further down the EFL pyramid. WHAT PHELAN SAID Phelan, speaking in association with William Hill, told GOAL when asked about what happens next for City and their chances of getting off scot-free: 'How long is it going to take - 10 years, 15 years? Let's enjoy them while we can. Let's enjoy football. 'I know what supporters are like - it happened to Everton, it happened to this club, why is it not happening to Manchester City? It's not happening for a reason. What is the reason? I don't know, it's only the top men that know why it's not happening. 'Maybe they will get a £100 million fine, 300m, 400m. If they get a billion-pound fine and then distribute it amongst all the other clubs in the lower leagues, I'd be happy with that.' WHAT NEXT FOR MANCHESTER CITY? Several other teams would be happy with that outcome, with a financial windfall potentially on the cards, but there remains little indication as yet regarding what the final outcome will be in a painfully protracted saga.
Zawya
23-07-2025
- Zawya
ADJD showcases products from correctional and rehabilitation centers at Liwa Date Festival
The Abu Dhabi Judicial Department is taking part in the 21st edition of the Liwa Date Festival 2025, held in Liwa City, Al Dhafra Region, from July 14 to 27. Through a dedicated pavilion, the Department is presenting a variety of products crafted by inmates at correctional and rehabilitation centers — ranging from fresh agricultural produce, particularly dates, to artisanal crafts, artworks, handmade items, and traditional heritage products. The Department's participation in the festival underscores its commitment to engaging with cultural and community events in line with the directives of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President of the UAE, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Abu Dhabi Judicial Department. These directives emphasize the importance of active participation in national events and the preservation of the country's rich heritage. Throughout the festival, which is organized by the Abu Dhabi Heritage Authority, the Department's pavilion will showcase the talents and creativity of inmates through a display of handcrafted products. These exhibits highlight the Department's rehabilitation efforts, aimed at equipping inmates with practical skills that support their reintegration into society as productive and law-abiding citizens upon the completion of their sentences. Additionally, the Abu Dhabi Judicial Department is using this platform to shed light on the initiatives dedicated to preserving traditional crafts and industries. The focus is on enhancing and evolving production methods within correctional facilities in a manner that aligns with the cultural identity of the UAE.
The Guardian
22-07-2025
- Business
- The Guardian
Telegraph sale poised to go ahead after Lords foreign ownership vote
The sale of the Telegraph looks set to finally go through after government legislation to allow foreign states to own up to 15% in British newspapers survived a potentially fatal vote in the House of Lords. Gerry Cardinale's RedBird Capital is leading a consortium looking to buy the Telegraph for £500m, in a deal that would result in the United Arab Emirates retaining a stake of 15%. Ministers have been attempting to push through legislation to allow foreign states to own passive stakes of up to 15% in British newspapers, after the previous Conservative administration proposed a law in March last year that set the limit at zero. That cap meant the joint venture RedBird IMI, which bought the Telegraph Media Group in November 2023, would have to sell up as it is 75% funded by International Media Investments (IMI) – controlled by Sheikh Mansour bin Zayed Al Nahyan, the vice-president of the United Arab Emirates. The US private equity company RedBird Capital, which contributed the other 25% of funding, has tabled a deal to buy the Telegraph under which IMI would retain a minority stake of up to 15%, although RedBird has said it can fully fund a deal in its own right. The government's foreign ownership bill would allow this purchase to go ahead but the plan was put at risk on Tuesday after Liberal Democrat peers attempted to block it via a rare 'fatal motion', the strongest opposition that can be taken in the House of Lords, which would force ministers to reintroduce the legislation. After an almost three-hour debate, peers voted to reject the fatal motion 267 to 155, meaning the 15% cap will pass into law. However, another statutory instrument will need to be introduced after the parliamentary recess in September to add a rule that will stop foreign investors from buying multiple 15% stakes in British newspapers. No final deal for the Telegraph has yet been signed, and a takeover will still face regulatory hurdles, including a public interest test that will be triggered by the culture secretary, Lisa Nandy. It will also be subject to a full investigation by the Competition and Markets Authority. skip past newsletter promotion Sign up to Business Today Free daily newsletter Get set for the working day – we'll point you to all the business news and analysis you need every morning Enter your email address Sign up Privacy Notice: Newsletters may contain info about charities, online ads, and content funded by outside parties. For more information see our Newsletters may contain info about charities, online ads, and content funded by outside parties. For more information see our Privacy Policy . We use Google reCaptcha to protect our website and the Google Privacy Policy and Terms of Service apply. after newsletter promotion However, the government's win in the House of Lords is likely to prompt RedBird Capital to publicly announce its formal bid in the coming weeks. RedBird Capital – which holds various investments including a stake in the parent company of Liverpool football club and is seeking to jointly acquire the TV and film business Paramount – has said that if the deal goes ahead it would become the sole controlling investor of the Telegraph. It is also set to bring on British partners with small stakes, including the owner of the Daily Mail and Len Blavatnik, the owner of Warner Music and the sports and entertainment streaming service Dazn.
Arab News
22-07-2025
- Sport
- Arab News
Abu Dhabi Equestrian Club accredited as world's first hybrid show jumping arena
ABU DHABI: The Abu Dhabi Equestrian Club has been accredited as the world's first hybrid showjumping arena by the International Equestrian Federation, allowing it to host indoor and outdoor events. For the latest updates, follow us @ArabNewsSport Sheikh Mansour bin Zayed Al-Nahyan, vice president of the UAE, deputy prime minister, minister of the presidential court, and chairman of the ADEC has been instrumental in the advancement of equestrian sport, the organization said in a statement recently. In addition, the UAE Equestrian and Racing Federation has played a key role by organizing and promoting international championships. Ali Al-Shaiba, director-general of the ADEC, said: 'This is a proud moment; this recognition marks a historic milestone for equestrian sport in the UAE. 'It is a reflection of our leadership's vision and a testament to the nation's commitment to excellence across all disciplines. 'The new hybrid arena at ADEC is not only the first of its kind globally — it also sets a new benchmark offering a unique venue designed to meet the needs of both riders and horses year-round.' The arena is a modern equestrian facility inspired by the traditions of Arab architecture and debuted with a series of events during the 2024–25 season. This includes two major International Equestrian Federation-sanctioned tournaments held in partnership with the UAE Equestrian and Racing Federation: the Abu Dhabi International Show Jumping Event CSI4-W and the UAE President's Cup Show Jumping CSI5 (2025 Edition). In addition, the ADEC hosted three international competitions in January 2025, all in the new hybrid arena: the 12th FBMA International Show Jumping Cup CSI2; Al-Shira'aa International Horse Show CSI3; and Al-Shira'aa International Horse Show CSI4-W.
Emirates 24/7
20-07-2025
- Politics
- Emirates 24/7
UAE leaders condole with Saudi King on passing of Prince Alwaleed bin Khalid
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia on the death of Prince Alwaleed bin Khalid bin Talal bin Abdulaziz Al Saud. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, dispatched similar messages to the Saudi King. Follow Emirates 24|7 on Google News.
