MX23RW : Friday, March 8 14:13:04

Manchester City consider investing in Indian club

Manchester City consider investing in Indian club
© Reuters
The news comes just a fortnight after CFG acquired a share of Chinese outfit Sichuan Jiuniu.

The owners of Manchester City are considering buying a club in India.

A major investment could even be made this year as the City Football Group continues to expand its global portfolio of clubs, chief executive Ferran Soriano has revealed.

The news comes just a fortnight after CFG acquired a share of Chinese outfit Sichuan Jiuniu, taking the number of clubs under its umbrella to seven.

  • Manchester City (England)
  • New York City (USA)
  • Melbourne City (Australia)
  • Yokohama F Marinos (Japan)
  • Atletico Torque (Uruguay)
  • Girona (Spain)
  • Sichuan Jiuniu (China)

The group also owns or has stakes in New York City, Melbourne City, Yokohama F Marinos, Atletico Torque and Girona, as well as flagship club Manchester City.

Soriano said: "We have some interest in some markets and countries where there is a genuine football passion and opportunities, like China, but also India. So there might be other opportunities in Asia.

"With all these developments we have to be patient. We've been looking at India for nearly two years now. I'd say this year we'll end up doing an investment in India."

CFG was created in 2013 as City's first sister club was established in New York. The expansion since has been rapid and further investments are likely to follow.

Middlesbrough v Manchester City – Premier League – Riverside Stadium
Ferran Soriano thinks CFG's portfolio will continue to grow (Owen Humphreys/PA)

Soriano said: "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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Tables
TeamPWDLFAGDPTS
1Manchester CityMan City29232476205671
2Liverpool29217164154970
3Tottenham HotspurSpurs29201856302661
4Manchester UnitedMan Utd29177558382058
5Arsenal29176661392257
6Chelsea28175649301956
7Wolverhampton WanderersWolves29127103735243
8Watford29127104141043
9West Ham UnitedWest Ham29116123741-439
10Everton29107123939037
11Leicester CityLeicester29105143541-635
12Bournemouth29104153954-1534
13Crystal Palace2996143539-433
14Newcastle UnitedNewcastle2987142636-1031
15Brighton & Hove AlbionBrighton2886143041-1130
16Burnley2986153253-2130
17Southampton2969143249-1727
18Cardiff CityCardiff2974182557-3225
19Fulham2945202765-3817
20Huddersfield TownHuddersfield2935211551-3614

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