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Dr Sulaiman Al-Fahim, the businessman behind the takeover of Manchester City, says he is prepared to make a £134 million bid for Cristiano Ronaldo during the January transfer window.
City wasted no time flexing their newfound financial muscle yesterday, outbidding Chelsea with a British record offer of £34.2m to sign Robinho, but it seems they are now prepared to risk the wrath of their city rivals by attempting to sign Manchester United's most coveted player when the transfer window reopens.
“Ronaldo has said he wants to play for the biggest club in the world, so we will see in January if he is serious,” Al-Fahim said.
“Real Madrid were estimating his value at $160m (£89m) but for a player like that, to actually get him, will cost a lot more, I would think $240m (£134m). But why not? We are going to be the biggest club in the world, bigger than both Real Madrid and Manchester United.”
With the due-diligence process expected to be completed by the end of the week, Al-Fahim's Abu Dhabi United Group (ADUG) will become the majority shareholders of the club and Al-Fahim has already said he would not hesitate to spend £200 million next summer if it was deemed necessary.
Al-Fahim has drawn comparisons between himself and Roman Abramovich, the Chelsea owner, insisting that he aims to replicate the Russian tycoon's impact on the Premier League.
"We would like to see Manchester City fighting for trophies in every tournament," Al-Fahim said. “We are looking to make the same kind of impact at Manchester City that has happened at Chelsea."
"We don't just want Manchester City to be challenging for trophies in England, but also in the Champions League. We want them to be in for every trophy available."
Al Fahim has already charged Hughes with the task of qualifying for next season's Champions League and the new owners expect this term to be a vast improvement on last season's ninth place finish in the Premier League.
"A place in the Champions League is quite a jump from last season, but we are ready to sit down with the manager, find out the players he would like, and bring the right players into the club," Al-Fahim added.
"This season we would like to be a lot better than last season, and we are eager for trophies next season."
City face Chelsea at Eastlands in their next league match a week on Sunday and Al-Fahim says he hopes to attend that game, as he looks to finalise the details of the takeover.
"Our message to the fans would be we promise we are here to sustain the club and make Manchester City competitive for trophies at the highest level," Al-Fahim said. "We would also like to bring in extra revenues by introducing new marketing ideas.
"Looking at the club, they have a lot of fans, they are loyal fans, and there is the opportunity to grow there. They also have a lot of history. It was all very attractive to us. I think the one thing that has been missing was the right person to provide the right investment."
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i wish i can be EPL player...hahaha....new era of EPL...money making industries....is like a factory to produce great football with money but not with dignity
redzuan, Kuala Lumpur, Malaysia
Perfect scenario would be for DIC to finally buy Liverpool and then City to buy C. Ronaldo and see the reaction of all Man.Utd fans and fergie. Can you imagine the expression !
Hopefully then Man.Utd would get pushed into 6th place.
..Oh and they are still struggling to win 5 European Cups
Hussain, Liverpool, UK
I don't envy Mark Hughes; his 'golden handshake' might come anytime the MC team underachieves, or loses. Money-is-no-object club owners have made the Premier League more global than ever - it does not belong to England anymore. I hate this aspect of the EPL.
S K LIN, Kuala Lumpur, Malaysia
Considering I am a United fan I'm not bothered about Citeh qualifying for the Champions League - If it knocks Liverpool into 5th place at the end of the season then that is good enough for me
Mark, Manchester,
In baseball the Yankees have demonstrated that the highest paid group is not necessarily a team. You have to buy an occasional big player but they have to fit.
I will take Wengers way, because regardless of what the new owners say, the fans will have to pay ata the gate, that does not get better!
Marty Price, Oakland, United States
Giving £134m to a direct competitor? Yeah, thats real smart. Even if C. Ronaldo was the best footballer everand hes nothing of the sorthe wont bring the same kind of value, the money would bring to Utd. £134m buys 2 superstars and the complete Brazilian U-21 team. What do you think wins more?
Sebastian, Vienna, Austria
FIFA will now have to step in , 6 English players per premier team will have to be bought in.
john, worthing,
Totally agree with Vimal. In the last 24 hours i've come to detest the money in the English game. Bloated is without doubt the right word to use. Its so out of touch with reality. My only hope is that the whole came caves in on itself and they have to start again, preferably without the middle men.
Gareth Curless, Northampton, United Kingdom
1st man city have to get in to premier league.
ray, messingham, england
As the English Premier League get ever more bloated with foreign money, so the English national team continues to decline. English football is no longer what it used to be and it is worse off for it.
Vimal Dhokia , Bath, UK
Football is a playground for rich people now, where skill is nothing it's just about how much money you can throw at something. With few to no English players and foreign owners, I do wonder why people still support some clubs. Come on, this isn't loyalty; they are what you supported in name only
Tony, Islington, London, UK
I suppose Manchester City will be renamed al-Madina al-Manchester?
Frank Upton, Solihull,
if the arabs are that desperate for ronaldo, they probably should have bought utd, not city.
sunny, utd do not have a rich owner. they have debt. tons of it. £134m would be irresistible. I suspect ronaldo would baulk at playing for city, though. it may be a common reaction. thnk berbatov.
jem, london, uk
As a city fan, I don't want a ready made World XI - that's a kid's dream. I would like to see academy players (e.g. Richards, Ireland, SWP, Johnson), mixed with some good youngsters with potential (e.g. Hart, Kompany, Bojinov) with a couple of superstars (e.g. Robinho, Villa) to add experience.
Will, Stockport, England
To Tracy, you're chastising Abramovich for making the most of a fantastic opportunity. You're probably just annoyed you never had the opportunity to earn billions buying up shares from unaware poverty-stricken Russians...
Alex, Salford, Manchester,
Well um, with all their money, what did Chelsea win last season?
Fortunately, the EPL still pops up a suprise result here and there, and the so called 'superstars' of football will surely want to play in every game?
So it'll be 11 versus 11 and good luck to City, but money isn't everything....
Terry, Bagneres, France
I have to say the last 24 hours have made think twice about supporting football. I am a ManU fan but we were successsful well before the Glazers took over. However, this Man City (&Chelski) business of world domination in 24 hours doesn't seem right. I'm glad for the fans really, but it's just wrong
Eoin, Dublin,
...don't try to pretend that this Dr. Sulaiman has higher moral standards than Abramovich. Neither of them do. This new Arab guy at City is using your money through the petrol pump to buy the club and the players. How does that make you feel?
Alex, Salford, Manchester,
Dr Sulaiman Al-Fahim, should've just waded in for Utd, He would then already own the worlds biggest team and would probably cost him less than tryin to turn Man City into that team.
Dave, Manchester, UK
They have no understanding of what sport is about. If they're going to dwarf the market even more than Chelsea, where will the satisfaction in victory come from? It's a vanity project about raising the profile of the UAE but who actually thinks highly of Abramovich for what he has done with Chelsea?
T, London,
I thought Sparky had lost his marbles by going to the three-ring circus that is Citeh. However, if the owners give him the players he wants (and don't sign Fat Ronaldo behind his back), he'll win the league.
They will never, ever get Skinny Ronaldo, though.
Mark, London,
Which teams have the wealthiest owners? Chelsea, Man City, QPR, Man utd, Liverpool, Portsmouth, Aston Villa even Newcastle. On things for sure the rest haven't got a chance of competeing finacially with these guys. Surely its unfair competition in a market? can someone please stop it?
Sunny Patel, Coventry,
You should be using the cash to pay for electricity generation projects in Afghanistan
Ken, Sydney, Australia
Earned his money?! I call it dumb luck to be sitting on top of huge oil reserves, which his country would never have been able to develop (let alone discover) without outside help. Between Abramovich and Al-Fahim there's not much to choose as regards their "moral" entitlement to their huge wealth.
Mike, Toronto, Canada
Of course it bodes well for English football. It shows the Premier League is world class as billionaires and petrodollars flood in to take control of English clubs. One observation though: in that picture, does Dr Sulaiman, think he has a bargain in snapping United for £210 million 8-) ?
Yang, Shanghai, China
Whilst this news was entertaining to say the least, I fear for the future of game over the next few years, as the recession kicks in surely the fans will not be able to identify so readily with all these superstars entering our game, and the national team will possibly get worse too...
Jon, London,
The only difference is that this chap has 'earnt' his money whilst Abramovich&many other Russians have flagrantly stolen the wealth of their nation by corruptly buying Russias resources from corrupt officials for a pitance - and of course healthy bribes! What a sad world that we applaud these people
Tracy, London, UK
This does not bode well for the future of English football.
David, York,