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Manchester City owner 'in talks' to buy £10bn stake in RBS

Tags: Market-Matters

Apr 05 2012

Government body UK Financial Investments is in talks to sell £10bn worth of RBS shares to a consortium of investors led by Sheikh Mansour, the owner of Manchester City Football Club.

According to the Financial Times, Abu Dhabi has discussed a £10bn investment into RBS led by Sheikh Mansour. They are backed by other Abu Dhabi and Middle Eastern investors.

The Sheikh and his partners could invest up to £5bn in RBS shares - potentially equivalent to a 14% stake in the bank.

April 5, 2012

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Manchester City owner 'in talks' to buy £10bn stake in RBS

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Manchester City owner 'in talks' to buy £10bn stake in RBS