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Manchester City owner’s £55m housing loan while Burnham was mayor investigated

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Scrutiny committee looks into financing of Manchester Life project as PM promises ‘full transparency’A £55m loan to Manchester City’s Abu Dhabi owner will be investigated as part of a review into a fund for housing projects while Andy Burnham was mayor. The prime minister has faced weeks of scrutiny over his links to Manchester City’s super-rich owners after the club was found guilty of boosting its income by £900m in a nine-year breach of financial rules.

Scrutiny committee looks into financing of Manchester Life project as PM promises ‘full transparency’

A £55m loan to Manchester City’s Abu Dhabi owner will be investigated as part of a review into a fund for housing projects while Andy Burnham was mayor.

The prime minister has faced weeks of scrutiny over his links to Manchester City’s super-rich owners after the club was found guilty of boosting its income by £900m in a nine-year breach of financial rules.

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Manchester City (LOCATION) Burnham (ORG) Scrutiny (ORG) Manchester Life (ORG) Manchester City’s (LOCATION) Abu Dhabi (ORG) Andy Burnham (PERSON)
Originally published by The Guardian Business Read original →