Manchester City owners considering investment in Indian football club
NEW DELHI/MANCHESTER, March 5, 2019: The owners of English Premier League champions Manchester City are considering adding a team in India to their global portfolio of clubs, chief executive Ferran Soriano said on Monday.
A fortnight ago City Football Group (CFG), bankrolled by Sheikh Mansour of the Abu Dhabi royal family, announced they had purchased a stake in Chinese third-tier club Sichuan Jiuniu. That took the number of clubs under the CFG banner to seven, with the group also owning or having stakes in New York City, Melbourne City, Japan's Yokohama F Marinos, Atletico Torque and Girona, as well as star side Manchester City.
"As we see it now, there is a natural pace of growth that we will follow that takes us to more than seven teams, but not 100 teams.
"I cannot see 10 years ahead but the group might have two or three teams more. Is this going to change in five years and we're going to have more? Maybe, (but) I don't know that.
"But to complete the vision that we had six years ago, I think we will have maybe two or three clubs more."
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