The club plays in the Premier League and is owned by a royal family from Abu Dhabi. As of September 1, 2008 they are the richest club in the Premier League. They won the 2011–12 Premier League championship, their first in the top flight since the 1967–68 season. After finishing second in 2012–13, they won the Premier League championship again in 2013–14. Their current stadium is the Etihad Stadium (noncommercial name: City of Manchester Stadium). The stadium is part-owned by Manchester City Council, and could only be built on the understanding that Manchester City would take a tenancy after the 2006 Commonwealth Games, which the club agreed to do. The owner of Manchester City Sheik Mansur bought 200 million pounds.