Last Updated: Sunday 5th June, 2011
It's All Lies!
Manchester City owners arrested for fraud and could face up to 15 years in prison.
This is the most talked about story in the last 5 years and BBC Sport has EXCLUSIVE information. Since 2008 the Abu Dhabi United Group have owned and controlled Manchester City which has made the club spiral in reputation to the highest they've ever been which has included record transfers and probably one of the richest clubs in the world, until now.
Moments ago Sheikh Mansour, Khaldoon Al Mubarak and everyone associated with the group have been arrested for fraud and will be sentenced to jail immediately. At this moment we aren't entirely sure what they've done and i don't think we'll ever know.
A Group of local business's have taken control over the club until a new chairman comes forward. The business's don't really have a chance as they simply don't have the funds to even stay at the club a month so a new chairman is absolutely vital.
What does this mean for the future of Manchester City Football Club?