From The Independent · · 1m 30s
UAE threatens UK investment over Man City ruling
Emirati officials warn the Premier League decision could damage bilateral relations and billions in planned investment.
In brief
Emirati officials warn the Premier League decision could damage bilateral relations and billions in planned investment. The UAE has warned it may cancel billions in UK investment after the Premier League found Manchester City guilty of financial rule breaches. Originally reported by The Independent.
UAE warns of investment pullback
The United Arab Emirates has told the UK government it could cancel billions of pounds of investment over the Premier League's Manchester City ruling, according to reports.
Emirati officials cite bilateral impact
Emirati officials said the Premier League's actions would have an influence on the bilateral state relationship, Bloomberg reported.
“the Premier League's actions would have an influence on the bilateral state relationship”
Silicon Valley hub investment at risk
The UAE is threatening to scrap billions of pounds of private investment for a hi-tech Silicon Valley-style hub between Oxford and Cambridge, according to the Telegraph.
City chairman met business secretary
Manchester City chairman Khaldoon Al Mubarak met Jonathan Reynolds, the business secretary, in Downing Street two weeks before the Premier League announced its decision.
Burnham defends City owners publicly

Andy Burnham said he would be really concerned to lose the current owners, praising them as huge partners in building modern Manchester and Manchester City into a global force.
“I would be really concerned to lose them. They've been such a huge partner in the building of modern Manchester.”
Politicians criticise Burnham's intervention
Conservative shadow sport minister Louie French accused Burnham of publicly backing the owners, calling his comments frankly extraordinary. The Liberal Democrats demanded he publish meeting details and declare hospitality accepted.
“frankly extraordinary”
The key point
The UAE has warned it may cancel billions in UK investment after the Premier League found Manchester City guilty of financial rule breaches.


