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 Tuesday, August 20 2019 14:15
Alexandr Avanesov

Manchester City FC President and Armen Sargsyan discussed the  possibility of implementing football development programs in Armenia

Manchester City FC President and Armen Sargsyan discussed the  possibility of implementing football development programs in Armenia

ArmInfo. The director general of one of the largest international investment companies MUBADALA and the president of Manchester City football club, the champion of the  English Premier League 2018/19, Khaldun Khalifa al-Mubarak and the  President of Armenia Armen Sargsyan discussed the possibility of  implementing programs in Armenia aimed at developing football in the  country. This is stated in an official statement by the head of  state.

In particular, Khaldun Khalifa al-Mubarak presented the President of  Armenia the activities of The City Football Group holding, which also  owns Manchester City football club.  In addition, during the meeting,  the parties discussed the prospects of cooperation with MUBADALA and  the possibility of implementing investment programs by the company in  Armenia.

According to the source, at the end of the meeting, Armen Sargsyan  visited FC Manchester City Academy, got acquainted with sports  programs for various age groups. At the same time, the President of  Armenia, together with Haldun al-Mubarak, watched the Premier League  game between the clubs of Manchester City and Tottenham, which ended  in a draw.

Note that MUBADALA is an active and innovative investor who invests  with benefits for the United Arab Emirates in various assets around  the world.

The company makes strategic financial investments worldwide,  investing in those sectors of the economy that can use competitive  advantages - professionalism, financial opportunities, the scale of  the existing investment portfolio and communications in all corners  of the world that are of great importance in the long term and  positively affect the economy and social sphere in the UAE and  abroad. The company mainly operates in areas such as high technology,  telecommunications, energy, healthcare, real estate, infrastructure  development, education and science.

MUBADALA's clients include world leading manufacturers in sectors  such as the aerospace industry, agriculture, ICT, semiconductor  manufacturing, metallurgy and mining, pharmaceuticals and medical  technology, renewable energy and electric power, as well as  diversified financial holdings.  The total value of the company's  assets is estimated at $ 225 billion. MUBADALA has over 50 existing  investment projects in 50 countries. 

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