Sheikh Mansour bin Zayed al Nahyan, the owner of deposed Premier League champions Manchester City, is expected to be named next month as the winner of the licence to set up a new Major League Soccer franchise in New York City, the
The team is to be known as New York City FC and will provide the existing side in the area, New York Red Bulls, home to Tim Cahill and Thierry Henry, with local competition. A stadium has not yet been constructed for the new side and could increase the cost of winning the licence – which stands at $100m (£64.55m) – to $500m, or more than £300m.
It is also said that any investment Sheikh Mansour makes in MLS will have no bearing on his commitment to City, but the club have so far declined to comment on speculation that the speculation the Abu Dhabi group are to control the new organisation.
However, the date of the announcement as to the identity of the owner is set for May 25, the same date City are due to play Chelsea in an end-of-season friendly at Yankee Stadium, the home of baseball icons the New York Yankees, with the Telegraph suggesting that is not a co-incidence.
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