Royal Football Fund: Difference between revisions
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{{Update|inaccurate=yes|date=May 2024}} |
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{{Infobox company |
{{Infobox company |
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| name |
| name = Royal Football Fund |
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| logo |
| logo = RFF.png |
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| caption |
| caption = |
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| type |
| type = [[Privately held company|Private]] |
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| genre = |
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| fate = |
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| defunct = {{end date | 29 April 2016}}<ref>{{cite web |url=https://www.cima.ky/public-notice-termination-of-struck-or-dissolved-entities |title=Termination of Struck or Dissolved Entities |publisher=[[Cayman Islands Monetary Authority]] |date=April 29, 2016 }}</ref> |
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| predecessor = |
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| fate = Unknown |
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| successor = |
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| defunct = |
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| location_country = [[United Arab Emirates]] |
| location_country = [[United Arab Emirates]] |
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| location = |
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| locations = |
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| industry = Sports investment |
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| services = Sports investments |
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| revenue = |
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| services = Sports investments |
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| revenue = {{increase}} US$ 5.9 billion (2021) |
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| operating_income = |
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| homepage = {{URL|https://web.archive.org/web/20140128022943/http://www.royalfootballfund.com/|http://royalfootballfund.com/}} {{deadlink|date=May 2024}} |
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| net_income = |
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| aum = |
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| assets = |
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| equity = |
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| divisions = |
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| subsid = [[Johor Darul Ta'zim F.C.]] (30%) |
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| homepage = {{URL|http://royalfootballfund.com/}} |
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| footnotes = |
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| intl = |
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}} |
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'''Royal Football Fund''' |
'''Royal Football Fund''' was a sports investment company based in [[Dubai]], [[United Arab Emirates]], associated to the United Investment Bank Limited. It invested from 2013 and appears to have been closed around 2016. |
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== History == |
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==Deals with the sports club== |
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Deals with various sport clubs included: |
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===Portsmouth F.C.=== |
===Portsmouth F.C.=== |
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On 2009, it was reported that Al-Fahim had signed a deal to take over the English Premier League club [[Portsmouth F.C.|Portsmouth]].<ref>{{Cite news|url=http://news.bbc.co.uk/sport2/hi/football/teams/p/portsmouth/8070535.stm|title=Portsmouth agree to takeover bid|date=2009-05-27|access-date=2018-05-30|language=en-GB}}</ref> |
On 2009, it was reported that Al-Fahim had signed a deal to take over the English Premier League club [[Portsmouth F.C.|Portsmouth]].<ref>{{Cite news|url=http://news.bbc.co.uk/sport2/hi/football/teams/p/portsmouth/8070535.stm|title=Portsmouth agree to takeover bid|date=2009-05-27|access-date=2018-05-30|language=en-GB}}</ref> |
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===Mumbai City FC=== |
===Mumbai City FC=== |
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⚫ | During the [[Mubadala Development Company|Mubadala Senior Leadership Forum]],<ref>{{cite web |url=http://hmeevents.com/works/mubadala-senior-leadership-forum-2013/ |title=Mubadala Senior Leadership Forum {{!}} HME EventsHME Events |website=hmeevents.com |url-status=dead |archive-url=https://web.archive.org/web/20141030095953/http://hmeevents.com/works/mubadala-senior-leadership-forum-2013/ |archive-date=2014-10-30}} </ref> Al-Fahim became friends with Wilhelm Kayque Garbacchio Saldanha, son of a Russian billionaire shareholder of [[Gazprom]], which had the same desires to buy football clubs. Mr Saldanha is the main investor of [[Mumbai City FC]]. It is a football franchise in [[Mumbai]], [[Maharashtra]], plays in the [[Indian Super League]], owned by [[Guilherme]] Kayque G. Saldanha, [[Ranbir Kapoor]] and Bimal Parekh.<ref>{{Cite news|url=http://www.thesmartceo.in/magazine/special-features/at-mumbai-city-fc-we-approached-merchandising-as-a-brand-building-concept-not-a-revenue-generator.html|title=At Mumbai city FC, we approached merchandising as a brand-building concept, not a revenue generator - SmartCEO|date=2015-12-12|work=SmartCEO|access-date=2018-05-30|language=en-US}}</ref> |
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⚫ | During the [[Mubadala Development Company|Mubadala Senior Leadership Forum]],<ref>http://hmeevents.com/works/mubadala-senior-leadership-forum-2013/</ref> Al-Fahim became friends with Wilhelm Kayque Garbacchio Saldanha, son of a Russian billionaire shareholder of [[Gazprom]], which had the same desires to buy football clubs. Mr Saldanha is the main investor of [[Mumbai City FC]]. It is a football franchise in [[Mumbai]], [[Maharashtra]], plays in the [[Indian Super League]], owned by Guilherme Kayque G. Saldanha, [[Ranbir Kapoor]] and Bimal Parekh.<ref>{{Cite news|url=http://www.thesmartceo.in/magazine/special-features/at-mumbai-city-fc-we-approached-merchandising-as-a-brand-building-concept-not-a-revenue-generator.html|title=At Mumbai city FC, we approached merchandising as a brand-building concept, not a revenue generator - SmartCEO|date=2015-12-12|work=SmartCEO|access-date=2018-05-30|language=en-US}}</ref> |
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On 28 November 2019, it was revealed that [[City Football Group]] has bought the 65 percent stakes at the club, adding Mumbai City FC as the eighth club under city group.<ref>{{Cite web|last=www.ETBrandEquity.com|title=City Football Group acquires majority stake in Indian Super League's Mumbai City FC - ET BrandEquity|url=https://brandequity.economictimes.indiatimes.com/news/marketing/city-football-group-acquires-majority-stake-in-indian-super-leagues-mumbai-city-fc/72287577|access-date=2020-12-25|website=ETBrandEquity.com|language=en}}</ref> |
On 28 November 2019, it was revealed that [[City Football Group]] has bought the 65 percent stakes at the club, adding Mumbai City FC as the eighth club under city group.<ref>{{Cite web|last=www.ETBrandEquity.com|title=City Football Group acquires majority stake in Indian Super League's Mumbai City FC - ET BrandEquity|url=https://brandequity.economictimes.indiatimes.com/news/marketing/city-football-group-acquires-majority-stake-in-indian-super-leagues-mumbai-city-fc/72287577|access-date=2020-12-25|website=ETBrandEquity.com|language=en}}</ref> |
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===CB Gran Canaria=== |
===CB Gran Canaria=== |
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In April 2016 it was announced the Royal Football Fund as a new investor of the Spanish basketball club based in [[Las Palmas]] in the [[Canary Islands]], [[CB Gran Canaria]].<ref>http://www.solobasket.com/liga-endesa/un-jeque-apuesta-por-el-baloncesto-y-por-el-herbalife-gran-canaria</ref> |
In April 2016, it was announced the Royal Football Fund as a new investor of the Spanish basketball club based in [[Las Palmas]] in the [[Canary Islands]], [[CB Gran Canaria]].<ref>{{Cite web|url=http://www.solobasket.com/liga-endesa/un-jeque-apuesta-por-el-baloncesto-y-por-el-herbalife-gran-canaria|title = Un jeque apuesta por el baloncesto y por el Herbalife Gran Canaria| date=26 April 2016 }}</ref> |
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==Partnership== |
==Partnership== |
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⚫ | They also have a business relationship with [[Crystal Palace F.C.|Crystal Palace]], club based in [[South Norwood]], [[London]].<ref>{{cite web |url=http://www.croydonadvertiser.co.uk/Crystal-Palace-team-Mumbai-City-FC-search-Indian/story-24642956-detail/story.html |title=Crystal Palace team up with Mumbai City FC in search for Indian star | Croydon Advertiser |accessdate=2017-03-17 |url-status=dead |archiveurl=https://web.archive.org/web/20150923211516/http://www.croydonadvertiser.co.uk/Crystal-Palace-team-Mumbai-City-FC-search-Indian/story-24642956-detail/story.html |archivedate=2015-09-23 }}</ref> |
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In November 2008 Al Fahim was honored with a gold medal of excellence from HM [[Mizan Zainal Abidin of Terengganu]], The King of [[Malaysia]], for his work supporting Equestrian activities worldwide. Al Fahim was honored with this distinction during the [[FEI World Equestrian Games|FEI World Endurance Championship]] 2008 in [[Malaysia]]. |
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===Other football clubs=== |
===Other football clubs=== |
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*{{Flag icon|Serbia}} [[FC Red Star Belgrade|Red Star Belgrade]] |
*{{Flag icon|Serbia}} [[FC Red Star Belgrade|Red Star Belgrade]] |
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*{{Flag icon|Greece}} [[PAOK FC|PAOK]] |
*{{Flag icon|Greece}} [[PAOK FC|PAOK]] |
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*{{Flag icon| |
*{{Flag icon|England}} [[Manchester City F.C.|Manchester City]] |
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*{{Flag icon|Russia}} [[Zenit St Petersburg]] |
*{{Flag icon|Russia}} [[Zenit St Petersburg]] |
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*{{Flag icon|Belgium}} [[Club Brugge]] |
*{{Flag icon|Belgium}} [[Club Brugge]] |
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==References== |
==References== |
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{{Reflist |
{{Reflist}} |
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[[Category:Financial services companies of the United Arab Emirates]] |
[[Category:Financial services companies of the United Arab Emirates]] |
Latest revision as of 14:02, 1 June 2024
This article's factual accuracy may be compromised due to out-of-date information. (May 2024) |
Company type | Private |
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Industry | Sports investment |
Founded | Dubai, UAE (2013 ) |
Defunct | 29 April 2016[1] |
Fate | Unknown |
Headquarters | , |
Key people |
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Services | Sports investments |
Owners |
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Parent | United Investment Bank Limited, Cerberus Capital Management, TAG Group |
Website | http://royalfootballfund.com/ [dead link] |
Royal Football Fund was a sports investment company based in Dubai, United Arab Emirates, associated to the United Investment Bank Limited. It invested from 2013 and appears to have been closed around 2016.
History
[edit]Deals with various sport clubs included:
Portsmouth F.C.
[edit]On 2009, it was reported that Al-Fahim had signed a deal to take over the English Premier League club Portsmouth.[2]
Mumbai City FC
[edit]During the Mubadala Senior Leadership Forum,[3] Al-Fahim became friends with Wilhelm Kayque Garbacchio Saldanha, son of a Russian billionaire shareholder of Gazprom, which had the same desires to buy football clubs. Mr Saldanha is the main investor of Mumbai City FC. It is a football franchise in Mumbai, Maharashtra, plays in the Indian Super League, owned by Guilherme Kayque G. Saldanha, Ranbir Kapoor and Bimal Parekh.[4]
On 28 November 2019, it was revealed that City Football Group has bought the 65 percent stakes at the club, adding Mumbai City FC as the eighth club under city group.[5]
CB Gran Canaria
[edit]In April 2016, it was announced the Royal Football Fund as a new investor of the Spanish basketball club based in Las Palmas in the Canary Islands, CB Gran Canaria.[6]
Partnership
[edit]They also have a business relationship with Crystal Palace, club based in South Norwood, London.[7]
Other football clubs
[edit]References
[edit]- ^ "Termination of Struck or Dissolved Entities". Cayman Islands Monetary Authority. April 29, 2016.
- ^ "Portsmouth agree to takeover bid". 2009-05-27. Retrieved 2018-05-30.
- ^ "Mubadala Senior Leadership Forum | HME EventsHME Events". hmeevents.com. Archived from the original on 2014-10-30.
- ^ "At Mumbai city FC, we approached merchandising as a brand-building concept, not a revenue generator - SmartCEO". SmartCEO. 2015-12-12. Retrieved 2018-05-30.
- ^ www.ETBrandEquity.com. "City Football Group acquires majority stake in Indian Super League's Mumbai City FC - ET BrandEquity". ETBrandEquity.com. Retrieved 2020-12-25.
- ^ "Un jeque apuesta por el baloncesto y por el Herbalife Gran Canaria". 26 April 2016.
- ^ "Crystal Palace team up with Mumbai City FC in search for Indian star | Croydon Advertiser". Archived from the original on 2015-09-23. Retrieved 2017-03-17.