Emirates flexes its financial muscle: No, no, no, he assured one of the businessmen buying the ailing Manchester City soccer club. The price tag for the British team wasn't $4 billion, but a mere $400 million. [...]
The investor, an Abu Dhabi royal who had earned billions last year, was not interested in a bargain -- he was looking for a huge deal to make an impressive splash internationally. A multibillion-dollar price tag, easily within his group's means, would cause far more jaws to drop than anything in the millions.
"When he thought it was $4 billion, he was really excited," said Bhoyrul, who declined to name the individual. "When he found out it was $400 million, he was disappointed."
