Abu Dhabi United Group
Private equity company / From Wikipedia, the free encyclopedia
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The Abu Dhabi United Group for Development and Investment (ADUG; Arabic: مجموعة أبوظبي الاتحاد للتنمية والاستثمار) is a United Arab Emirates (UAE) based private equity company.[1] It is owned by Sheikh Mansour bin Zayed Al Nahyan,[2] member of the Abu Dhabi Royal Family and Vice President of the UAE.[3][4] Leaks of internal documents show that the Abu Dhabi government manages the accounts belonging to ADUG.[5] ADUG insists it is separate from the Abu Dhabi government.[5]
Abu Dhabi United Group (ADUG) | |
Native name | مجموعة أبوظبي المتحدة للتنمية والاستثمار |
Industry | Sports Sports services |
Founded | 2008 |
Founder | Mansour bin Zayed Al Nahyan |
Headquarters | , |
Key people | Khaldoon Al Mubarak |
Owner | Mansour bin Zayed Al Nahyan |
Subsidiaries | City Football Group (81%) |
The primary interest of the group is its 81% majority ownership of City Football Group, a worldwide organisation most notably controlling Manchester City, Mumbai City, Melbourne City and New York City, as well as several other international football clubs. However, it also holds interests in various other endeavours outside of the sporting world with an extensive property portfolio in the United Arab Emirates and Manchester.