Manchester City ownership talks in ISL reach advanced stage
by Shubham Sharma
Premier League Champions Manchester City owners, the City Football Group (CFG) are all set to finally buy a club in India this season.
As per reports circulating in the British media, the CFG, who were in talks with a number of clubs from Indian Super League (ISL) have finally zeroed on their choice.
Mumbai City FC is the name that has been doing rounds for quite sometime and understandably will be the new addition to the list of football clubs owned by the CFG across different parts of the world.
Apart from owning Manchester City FC, the CFG also owns New York City FC of Major League Soccer (MLS) of the USA, Melbourne City FC of A-league of Australia, Club Atletico Torque in Uruguay and Chinese side Sichuan Jiuniu, as well as a joint majority stake in Spanish La Liga club Girona and a minority holding in Japan's I-league outfit Yokohama F Marinos.
Earlier CEO Ferran Soriano had confirmed that they have more than interest in India.
"We have some interest in some markets and countries where there is a genuine football passion and opportunities, like China, but also India,'' said Soriano.
''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.''