Royal Football Fund
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Company type | Private |
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Industry | Sports investment |
Founded | Dubai, UAE (2013 ) |
Defunct | 29 April 2016[1] |
Fate | Unknown |
Headquarters | , |
Key people |
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Services | Sports investments |
Owners |
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Parent | United Investment Bank Limited, Cerberus Capital Management, TAG Group |
Website | http://royalfootballfund.com/ [dead link] |
Royal Football Fund was a sports investment company based in Dubai, United Arab Emirates, associated to the United Investment Bank Limited. It invested from 2013 and appears to have been closed around 2016.
History
[edit]Deals with various sport clubs included:
Portsmouth F.C.
[edit]On 2009, it was reported that Al-Fahim had signed a deal to take over the English Premier League club Portsmouth.[2]
Mumbai City FC
[edit]During the Mubadala Senior Leadership Forum,[3] Al-Fahim became friends with Wilhelm Kayque Garbacchio Saldanha, son of a Russian billionaire shareholder of Gazprom, which had the same desires to buy football clubs. Mr Saldanha is the main investor of Mumbai City FC. It is a football franchise in Mumbai, Maharashtra, plays in the Indian Super League, owned by Guilherme Kayque G. Saldanha, Ranbir Kapoor and Bimal Parekh.[4]
On 28 November 2019, it was revealed that City Football Group has bought the 65 percent stakes at the club, adding Mumbai City FC as the eighth club under city group.[5]
CB Gran Canaria
[edit]In April 2016, it was announced the Royal Football Fund as a new investor of the Spanish basketball club based in Las Palmas in the Canary Islands, CB Gran Canaria.[6]
Partnership
[edit]They also have a business relationship with Crystal Palace, club based in South Norwood, London.[7]
Other football clubs
[edit]References
[edit]- ^ "Termination of Struck or Dissolved Entities". Cayman Islands Monetary Authority. April 29, 2016.
- ^ "Portsmouth agree to takeover bid". 2009-05-27. Retrieved 2018-05-30.
- ^ "Mubadala Senior Leadership Forum | HME EventsHME Events". hmeevents.com. Archived from the original on 2014-10-30.
- ^ "At Mumbai city FC, we approached merchandising as a brand-building concept, not a revenue generator - SmartCEO". SmartCEO. 2015-12-12. Retrieved 2018-05-30.
- ^ www.ETBrandEquity.com. "City Football Group acquires majority stake in Indian Super League's Mumbai City FC - ET BrandEquity". ETBrandEquity.com. Retrieved 2020-12-25.
- ^ "Un jeque apuesta por el baloncesto y por el Herbalife Gran Canaria". 26 April 2016.
- ^ "Crystal Palace team up with Mumbai City FC in search for Indian star | Croydon Advertiser". Archived from the original on 2015-09-23. Retrieved 2017-03-17.