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Manchester City owners could buy more clubs, eye China investment

Manchester City owners could buy more clubs, eye China investment
From ESPN - March 22, 2018

The holding group that owns Manchester City could look to acquire more clubs in countries including China, its chief commercial officer Tom Glick has told CNBC.

City, the runaway Premier League leaders, are owned by City Football Group, of which Abu Dhabi United Group owns 87 percent and the China Media Capital consortium the remaining 13.

City Football Group also owns MLS side New York City FC, Australian A-League Melbourne City, Club Atletico Torque in Uruguay, a joint majority stake in Liga side Girona and a minority holding in Japan's Yokohama F. Marinos.

"I think it's very likely we will do some more [acquisitions] and we are looking at a number of places across the globe," Glick said.

"There are a number of very interesting markets and healthy leagues with great upsides so we are looking at a number of places, including places in Asia."

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