
Indian Club Added To Manchester City Football Empire
The owners of English Premier League champions Manchester City on Thursday made Mumbai City FC of India the eighth club in their global football empire.
Abu Dhabi-controlled City Football Group announced the takeover of the Indian side the day after a US equity fund pumped $500 million in new cash into CFG, taking its value to $4.8 billion.
On top of the English champions, CFG also own New York City FC, Melbourne City in Australia, Yokohama F Marinos in Japan, Sichuan Jiuniu in China, Spanish second division side Girona and Club Atletico Torque in Uruguay.
Analysts say the 65 percent …