Hang on! Ethihad is about to takeover MB? Rumour mills working overtime in City of Joy, they will pay 15 crore/year, plus the salary of a marquee player. They want to rebuild MB ground and play all home games there, also take over the naming rights of the ground, the club chairman's post and the youth development section.
Abu Dhabi Investment Authority (owner of Etihad Airways), run by Royal Family of Abu Dhabi, and is a sovereign Wealth Fund private equity company and they are actively looking for strategic investments across the world including Sports. Manchester City is one example which they own. They will redevelop and put their name on Real Madrid Bernabue stadium. If they are attracted towards Mohun Bagan, its a great news.
Today I read MB is gonna make deal with a foreign airlines company. But they did not disclose the name. So we have one more insider for MB news who himself is a EB fan
etihad & Mohun Bagan representativesmet in UK to discuss the proposal. No further info available right now. Etihad want 75% ownership of Mohun Bagan, the ground to be named after them, post of chairman+ 3 more admin.Etihad want to appoint the manager, and a marquee player that they will pay for. They might even enter ISL.Etihad also want a Chief Recruitment Officer of their choice. They want to overhaul the youth team too.Etihad further want to re-build the Mohun Bagan home ground and play all home games there itself.Also Etihad want Mohun Bagan to play in any tournament they ask them to. Possibly cup tournaments overseas.In return of all this Etihad will give Mohun Bagan Rs 15 crore a year plus the salary of the marquee player.This offer, if true, is a dream opportunity to make Mohun Bagan into a major club in Asia.Lets all hope all this is true.
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