{"id":100585,"date":"2025-02-11T00:00:00","date_gmt":"2025-02-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/could-mancitys-court-troubles-throw-a-wrench-in-uk-uae-ties-talabat-is-getting-attention-in-the-foreign-press\/"},"modified":"2025-02-11T00:00:00","modified_gmt":"2025-02-11T00:00:00","slug":"could-mancitys-court-troubles-throw-a-wrench-in-uk-uae-ties-talabat-is-getting-attention-in-the-foreign-press","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/02\/11\/could-mancitys-court-troubles-throw-a-wrench-in-uk-uae-ties-talabat-is-getting-attention-in-the-foreign-press\/","title":{"rendered":"Could ManCity\u2019s court troubles throw a wrench in UK-UAE ties? + Talabat is getting attention in the foreign press"},"content":{"rendered":"

The UAE has reportedly brought up the issue of Manchester City Football Club\u2019s <\/strong>financial fair-play breaches case with the UK government<\/strong>, Bloomberg<\/a> reports, citing sources familiar with the matter. The club \u2014 which is majority owned by Abu Dhabi United Group \u2014 is facing 115 charges, including providing wrong financial information and receiving inflated sponsorship revenues. The verdict is expected sometime in the coming months, sources said. <\/p>\n

While British authorities are reluctant to interfere in the Premier League\u2019s affairs, the UK is in a tough spot as it looks to keep relations with the UAE strong<\/strong> while it vies for more funding for strategic projects. This is especially sensitive after Abu Dhabi-backed RedBird IMI <\/span>withdrew its bid<\/a> to acquire The Telegraph following months of opposition from the UK government. The UAE believes that the lack of a consistent policy due to changes in leadership, the business information service cites a UAE official as saying.<\/span><\/p>\n

\u201cThe fact that the owner and chairman of Manchester City are such senior figures in Abu Dhabi means that any adverse finding of fact by the independent commission would inevitably be taken very seriously<\/strong> by all concerned,\u201d said Kristian Ulrichsen, a research fellow at the Baker Institute in Houston.<\/p>\n

\n

Delivery Hero\u2019s MENA unit, Talabat, is getting attention in the foreign press after its <\/strong> USD 2 bn IPO<\/a><\/strong>, with Bloomberg<\/a> saying the unit is driving the company\u2019s growth, especially as it faces rising competition and regulatory hurdles in Asia. The unit generated some USD 5.3 bn in sales for the company in 9M 2024, while proceeds from the will help pay down some of Delivery Hero\u2019s USD 3.8 bn in convertible bonds, CEO Niklas \u00d6stberg said. However, competition is heating up as China\u2019s Meituan expands in the region \u2014 its app, Keeta, recently hit 1 mn weekly users, matching Talabat. <\/p>\n","protected":false},"excerpt":{"rendered":"

The UK government is in a tight spot as it looks to secure more funding from foreign investors for strategic projects<\/p>\n","protected":false},"author":1,"featured_media":100586,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1551],"tags":[7,1509,41,793],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-100585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uae-in-the-news","tag-enterpriseam-uae","tag-talabat","tag-uae-in-the-news","tag-uae-uk-relations","wpautop","entry"],"acf":{"mongo_id":"8d9d0a00-bda5-405f-8852-39e6a0c6c917","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/953.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Could ManCity\u2019s court troubles throw a wrench in UK-UAE ties? + Talabat is getting attention in the foreign press","related_issue":[100569],"teaser":"The UK government is in a tight spot as it looks to secure more funding from foreign investors for strategic projects","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.48248638-0c30-4b1d-9665-461d012f7c6e.mp3"},"yoast_head":"\nCould ManCity\u2019s court troubles throw a wrench in UK-UAE ties? + Talabat is getting attention in the foreign press - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/11\/could-mancitys-court-troubles-throw-a-wrench-in-uk-uae-ties-talabat-is-getting-attention-in-the-foreign-press\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Could ManCity\u2019s court troubles throw a wrench in UK-UAE ties? 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