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Manchester Council Launches Review of 2014 Abu Dhabi Deal

By Drooid · · How we work

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Story summary
  • Manchester City Council has launched an internal review of its 2014 Abu Dhabi United Group deal.
  • The deal yielded £3 million for 1,800 homes, £5.2 million land sales and £17.6 million council-tax from Manchester Life.
  • Only the first £2.9 million overage payment arrived; a second payment is being calculated.
  • Mayor Andy Burnham faced criticism from MP Hannah Spencer and pledged to publish his Manchester City dealings.