City Football Group (CFG), the organization that owns Manchester City, is considering buying a club in India, consistent with their chief executive, Ferran Soriano. CFG owns New York City and Melbourne City, and the Premier League membership, and still has shares in four other facets around the sector. The organization sold a share in the Chinese team Sichuan Jiuniu just weeks ago, and Soriano says they are now set to put money into India. “We have a few hobbies in a few markets and international locations wherein there is a genuine football passion and opportunities, like China, however also India,” stated Soriano. “So there might be other possibilities in Asia.
With all these developments, we have to be affected as, person. We’ve been looking at India for almost a year now. I’d say this 12 months we’ll be doing funding in India.” CFG was created in 2013 while New York City FC was bought, becoming the second club under their ownership after Manchester City. Investments in 5 different golf equipment have been made during the last six years, and Soriano believes there will be more to return.
/cdn.vox-cdn.com/uploads/chorus_image/image/69621355/1305851519.0.jpg "Manchester City proprietors considering funding in Indian membership 3")
“I can not see ten years in advance, but the organization may have three extra teams. He stated: “As we see it now, there may be a natural pace of growth that we can comply with that takes us to more than seven teams, but not a hundred groups. Is this going to change in 5 years, and we are going to have more? Maybe, but I don’t know that. “But to complete the imaginative and prescient that we had six years ago, I think we can have perhaps two or three golf equipment greater.”
