Source: TheGuardian
Manchester City owner makes Mumbai City the eighth club in global portfolio
• City Football Group takes 65% stake in Indian club• Chairman Mubarak says deal will bring ‘transformative benefits’City Football Group has acquired a majority stake in its eighth football club. The group, which owns Manchester City, has agreed a deal to take a 65% stake in Mumbai City FC in the Indian Super League. Related: Manchester City owner sells 10% share for £389m to US private equity firm Manchester City FC (England) Continue reading......read full article
