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Man City owners expand worldwide portfolio with Mumbai deal

Posted on Thursday, November 28th, 2019 By The Associated Press

Manchester City players celebrate with Ilkay Gundogan, center, after he scored his side's first goal during the group C Champions League soccer match between Manchester City and Shakhtar Donetsk at the Etihad Stadium in Manchester, England, Tuesday, Nov. 26, 2019. (AP Photo/Dave Thompson)

MANCHESTER, England (AP) — Manchester City’s Abu Dhabi ownership has expanded its portfolio of worldwide soccer clubs to eight by buying a majority stake in Indian Super League team Mumbai City FC.

City Football Group, of which English champion Man City is the flagship team, says it has acquired 65% of the Indian club.

CFG already has the following partnership clubs: New York City in Major League Soccer, Melbourne City in Australia's A-League, Girona in Spain's top division, Yokohama F. Marinos in Japan, Sichuan Jiuniu FC in China, and Club Atletico Torque in Uruguay. The group also has a “collaboration agreement"” with Venezuelan team Atletico Venezuela.

Mumbai FC is in its sixth season in the ISL and has an 8,000-capacity stadium, the Mumbai Football Arena.

CFG says Mumbai will “benefit from the group’s commercial and football know-how, whilst at the same time delivering a new and exciting element to the CFG global commercial platform.”


More AP soccer https://apnews.com/Soccer and https://twitter.com/AP_Sports

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