Tuesday, April 30, 2013

Manchester City owner Sheik Mansour of Abu Dhabi is close to sealing an astounding $100million deal to establish a new MLS team in New York.

According to the New York Times, Abu Dhabi royal Sheikh Mansour bin Zayed Al-Nahyan is close in negotiations to launch a Major League Soccer franchise in New York City.

The billionaire owner of the deposed Barclays Premier League champions has been in top-secret discussions with MLS for months about establishing a lucrative franchise in the USA. Sheikh Mansour, whose private investment group owns English Premier League side Manchester City, is reportedly prepared to pay a $100m expansion fee to setup the team, two sources familiar with the matter told the paper. The previous record for such an expansion fee was the $40m paid to found a side in Montreal in 2012.

Sportsmail also reveals that the deal is close and the Sheik is hopeful he, and MLS officials, will be in a position to announce its completion when Roberto Mancini’s side play an exhibition game against Chelsea in New York at the end of next month.