SportThe Guardian

UAE may halt UK investments after Manchester City guilty verdict

The UAE has warned the UK it may pull major investments, including a tech hub deal, after Manchester City were found guilty of financial rule breaches.

The Premier League’s actions would ‘have an influence on the bilateral state relationship’, Emirati officials said

The Long Sip
What happened

Emirati officials warned the UK government that the Premier League's actions against Manchester City could affect the bilateral investment relationship.

The detail

The UAE is reportedly threatening to withdraw a multi-billion pound investment into a Silicon Valley-style Oxbridge tech hub, according to the Telegraph.

What it means

The case has become a diplomatic flashpoint, with the UK prime minister also drawing criticism for publicly backing City's Abu Dhabi owners.

Full story at The Guardian

What readers are saying

CountryXander
The detail that gets buried here is the timing - Al Mubarak met Reynolds in Downing Street two weeks before the Premier League announced its decision. That's not just lobbying, that's the owner of a club found guilty of massive financial fraud having a state-level conversation with the UK business secretary while the verdict was still pending. The threat to pull the Oxbridge tech hub investment reads less like economic policy and more like a direct pressure play on government.
Puzzle break

Five minutes for you

True or false1 of today's 5
“A coconut is a fruit, a nut, and a seed”
More to play, free every day
Daily CrosswordWord DashRare FindThe Link

More from Cuppa

Your gut may be making a molecule that raises Alzheimer’s risk

Scientists have found a gut-produced molecule called ImP is linked to faster cognitive decline and the protein buildup associated with Alzheimer's disease.

Breast cancer cases rise among women aged 25-35, experts flag concern

Breast cancer is being diagnosed more often in women aged 25 to 35, with experts pointing to lifestyle factors like late motherhood, obesity and stress.

G7 to release 100 million barrels of oil and diesel, will it curb prices?

G7 nations have agreed to release 100 million barrels of oil and diesel from emergency reserves to try to ease record global energy prices.

Muse Creates Detailed Profiles of All Your Friends and Family

Meta's new AI agent Muse collects detailed profiles of your contacts and nudges users to share bank, email and passport data, raising serious privacy concerns.

Soaring diesel prices take their toll on US farmers in midwest corn belt

Record diesel prices driven by the Iran war and refinery disruptions are hitting US midwest farmers hard, adding thousands of dollars to harvest costs.

Our Solar System Is Terminally Unstable and Will Be Completely Destroyed, Study Finds

A new study has dramatically shortened the estimated lifespan of our outer solar system from 100 billion years to just a few billion years.

Processed Foods May Ease Symptoms

A small study found people with depression had noticeably lower symptom scores when they cut ultra-processed foods by more than 85 percent.

‘I was making no money’: Travel agent side hustle promoted by influencers criticised over fees

A travel agent side hustle promoted by influencers including Love Island's Yasmin Hadlow has left recruits out of pocket after fees outweighed any earnings.

Back to the feed