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Thursday, 21 July 2016

Open goal in English football for Middle East investors | The National

Open goal in English football for Middle East investors | The National:

"The English national football team may have proved about as effective as a melted sorbet as they crashed out to a fiery Iceland in the Euros last month but with domestic game kicking off at club level again on August 6, the country is still a world champion.

And, since Sheikh Mansour bin Zayed bought Manchester City in 2008, the Middle East’s influence over club football, particularly the English Premier League (EPL), has grown.


There has been a boom in the region’s involvement with football such as major sponsorship deals by Etihad and Emirates airlines at City and its EPL rival Arsenal, respectively, to the Iranian steel and energy magnate Farhad Moshiri’s acquisition of a controlling stake in Everton, also an EPL member. In addition, Everton’s city rivals Liverpool are attracting a lot of interest from the Middle East and there are ongoing rumours that the Anfield hierarchy have been in advanced talks over a potential takeover."



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