Premiership football club gets new premier owners
Premiership English football club, Manchester City, has been taken over by the Abu Dhabi United Group for Development and Investment.
An agreement has been reached between City’s owner, Thaksin Shinawatra, the billionaire former Prime Minister of Thailand, and Dr Sulaiman Al-Fahim, the CEO of Hydra Properties and a future member of the Club’s board.
Considered “a massive achievement for the Emirate of Abu Dhabi” this acquisition is sure to focus attention on the rapidly developing Emirate. Football fan Al-Fahim aims to make “Manchester City one the top four clubs in the Premier League” through investment in the Club and new players.
And at only 31 years old Al-Fahim is no stranger to achieving his goals. Dubbed the “Donald Trump of Abu Dhabi”, Al-Fahim is a successful businessman with his real estate company, Hydra Properties, reportedly signing $2 billion worth of residential and commercial projects in the first two years of trading to become one of the Middle East’s fastest growing property companies.
But his ambitions do not stop there. His latest venture has taken the property game to a new level with Hydra Executives, a brand new TV series, which sees two teams of eight British and American contestants competing against each other in Abu Dhabi in a number of business related tasks.
Speaking about the timing of bringing the series to a British audience, Steve Dawkins, Managing Director of Real Estate TV stated: “It’s a perfect addition to our programming because our audience is very interested in inspirational programming and entrepreneurial shows like Dragons Den are immensely popular. We understand that many who watch Real Estate TV also want to find out more about emerging property markets around the world.”
The show will also be broadcast globally on our Video on Demand service at www.realestatetv.tv and we are expecting very high viewing figures because it’s a great show to watch. Expect to meet some real characters amongst the teams as well as viewing many locations around the United Arab Emirates. In other words, expect to be entertained and informed.”
About Real Estate TV
Real Estate TV majority-owned by Fox International Channels is the UK’s leading independent TV channel exclusively dedicated to the property and investor markets across the globe. The channel broadcasts 24 hours a day, 7 days a week on Sky channels 262/263 and via the award winning free Video on Demand service at http://www.realestatetv.tv.