Article: Emirates group buys Thaksin's soccer club Terms for Manchester City unavailable

Thomas Fuller and Rob Hughes The New York Times Media Group
International Herald Tribune
09-02-2008
Emirates group buys Thaksin's soccer club Terms for Manchester City unavailable
Byline: Thomas Fuller and Rob Hughes The New York Times Media Group
Edition: 2
Section: NEWS

BANGKOK --

After 14 manic months at the helm of Manchester City, Thaksin Shinawatra, the former Thai prime minister, has agreed to sell the English soccer club to Abu Dhabi United Group, a company based in the United Arab Emirates.

Manchester City said that a memorandum of understanding between the two parties had been signed and that both sides had entered a period of "due diligence," a standard procedure before a sale ...

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