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Royal Football Fund

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Royal Football Fund
Company typePrivate
IndustrySports investment
FoundedDubai, UAE (2013 (2013))
Defunct29 April 2016 (29 April 2016)[1]
FateUnknown
Headquarters,
Key people
  • Sukumar Nair
  • Pradeep Chandra
  • Samir Jain
  • Maulik Parekh
  • Antonio Perini
ServicesSports investments
Owners
  • Guilherme Kayque Garbacchio Saldanha
  • Akram Ojjeh Jr
ParentUnited Investment Bank Limited, Cerberus Capital Management, TAG Group
Websitehttp://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

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Deals with various sport clubs included:

Portsmouth F.C.

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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

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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

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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

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They also have a business relationship with Crystal Palace, club based in South Norwood, London.[7]

Other football clubs

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References

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  1. ^ "Termination of Struck or Dissolved Entities". Cayman Islands Monetary Authority. April 29, 2016.
  2. ^ "Portsmouth agree to takeover bid". 2009-05-27. Retrieved 2018-05-30.
  3. ^ "Mubadala Senior Leadership Forum | HME EventsHME Events". hmeevents.com. Archived from the original on 2014-10-30.
  4. ^ "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.
  5. ^ 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.
  6. ^ "Un jeque apuesta por el baloncesto y por el Herbalife Gran Canaria". 26 April 2016.
  7. ^ "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.