Thursday briefing: Manchester City owner Sheikh Mansour puts $750m into RedBird fund
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11 May 2023 - 4:30 AM
A company controlled by Manchester City owner Sheikh Mansour bin Zayed Al-Nahyan has committed $750 million to RedBird Capital Partners for its latest fund to invest into sports, The Liverpool Echo reports.
The American investment firm, which completed its takeover of AC Milan last September and has an 11 per cent stake in Liverpool owners Fenway Sports Group, has raised almost $2.5 billion for its fourth sports fund.
RedBird has raised $2.3 billion of its $
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