Manchester City have confirmed Sheikh Mansour has completed a 100 per cent buy-out of the club.

Shinawatra sells up his shareholding

Manchester City have confirmed Sheikh Mansour has completed a 100 per cent buy-out of the club. Through the Abu Dhabi United Group, Sheikh Mansour gained control of the Eastlands outfit from former Thailand Prime Minister Thaksin Shinawatra last summer. Shinawatra had kept a 10 per cent stake but now City have confirmed Mansour has gained control of that as well, giving him full control of affairs at Eastlands. "As a result of the transaction, Manchester City is now 100 per cent owned by his highness Sheikh Mansour," said a club statement. Sheikh Mansour has already invested huge sums in the club, sanctioning a British record £32.5million capture of Robinho on the day of his buy-out and spending in excess of £120million on new players this summer. It is thought he is also keen to use land around City's stadium to build a new training facility.