Claim: Manchester City F.C. was purchased by a private equity company.
Evidence: Having regained their Premier League status in the early 2000s , the club was purchased in 2008 by Abu Dhabi United Group and has become one of the wealthiest in the world.
The Abu Dhabi United Group for Development and Investment -LRB- ADUG -RRB- , مجموعة أبوظبي الاتحاد للتنمية والاستثمار , ' is a United Arab Emirates -LRB- UAE -RRB- based private equity company owned by Sheikh Mansour bin Zayed Al Nahyan , member of the Abu Dhabi Royal Family and Minister of Presidential Affairs for the UAE.