Goal.com Special: Sheikh Mansour Bin Zayed Has Spent Over £1 Billion Since Arriving At Manchester City
Goal.com's Stefan Coerts takes a look at Sheikh Mansour bin Zayed's spending since arriving at Manchester City in August 2008.
The transfer of Bosnia-Herzegovina international Edin Dzeko from Wolfsburg to
Manchester City for a reputed fee of £27 million has taken Sheikh Mansour bin Zayed's spending spree since arriving at the Citizens in the summer of 2008 to over £1 billion.
With the completion of Dzeko's transfer on Thursday morning, City have now spent in excess of £300m on players. The former Wolfsburg striker is the second most expensive transfer in the history of the Eastlands outfit after the previous capture of Robinho in the summer of 2008 for £32.5m.
The 40-year-old Mansour bin Zayed paid
£210m for the initial take-over of City and then spent a further
£20m on stadium and training ground improvements, thus taking the amount of money spent on the Premier League side to
£570m.
However, the biggest expense for Mansour bin Zayed so far have been the wages for new players and those on existing contracts. Well over
£500m has left the Sheikh's bank accounts in the past two-and-a-half year to pay the players and other staff under contract at the Citizens.