Manchester City chairman Khaldoon Al Mubarak met UK Business Secretary Jonathan Reynolds at Downing Street shortly before the club was found to have breached Premier League rules, according to an exclusive report by journalist Alex Wickham.
Sources said Al Mubarak requested the meeting in his role as chief executive of Mubadala Investment Company, Abu Dhabi’s sovereign wealth fund. The meeting took place on 14 September, when the pair held private discussions at Downing Street.
The timing is likely to increase scrutiny of how the UK government handled the Premier League case, with the meeting coming 11 days before Manchester City were reported to have been found in breach of competition rules.
The discussions focused on existing and planned investments by the United Arab Emirates in the UK. The sources said the conversation also covered the wider relationship between the two countries, including defence, security, intelligence and trade.
Al Mubarak has been chairman of Manchester City since 2008 and is also the chief executive of Mubadala Investment Company, which manages Abu Dhabi’s sovereign wealth investments. The meeting with Reynolds was arranged in that latter capacity, according to the report.
On 25 September, The Athletic reported that Manchester City had been found to have breached Premier League regulations. Four days later, on 29 September, the Premier League officially confirmed that the club had been found to have artificially inflated its balance sheet by more than £900m.
The reported sequence of events is expected to prompt further questions about whether the government’s relationship with the UAE, and the scale of its investments in the UK, affected perceptions of the case.
Andy Burnham had previously faced criticism from ministers and officials within his own party after publicly arguing that Manchester City’s Abu Dhabi owners should not be disqualified from running the club.
Burnham had cited the investment those owners bring to the UK as the reason they should not be prevented from remaining in charge.
The meeting took place while the Premier League process was reaching its conclusion, although the report does not state that the competition’s decision was discussed during the Downing Street talks.