The Rise of Sovereign Wealth Funds in Football

Bloomberg analysis shows that funds and investment firms are controlled 17% of the clubs in Europe's five biggest leagues. Manchester City is one of those clubs that has been owned by Abu Dhabi Group Development Investment Fund, which bought Man City back in 2007. Do you know how much money into this club? A lot. Two billion dollars is what they've supposedly spent on players and the training facilities as well. And so apparently now, they look quite poised. I think I would go and see Kim Kardashian speaking at a private equity conference. It's not like it's a small venture.