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Who owns City Football Group?
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The group derives its name from Manchester City, its flagship football club, and acts as the club's parent company. CFG also owns stakes in clubs in the United States, Australia, India, Japan, Spain, Brazil, Uruguay, China, Belgium, France, Italy and Turkey.
- Club Bolívar (Bolivia) To begin, Club Bolivar became connected with the City Football Group on the 12th of January 2021. As the most successful club in the country, with 30 league titles, it is the perfect place for the group to send young South American players so they can progress.
- Bahia (Brazil) Acquired in December 2022, Bahia are also another club in South America, providing the City Football Group with another link into one of football's most promising markets.
- Palermo (Italy) In July 2022, the City Football Group acquired an 80% share in the Italian club. Now it is at 94.5%, with Palermo meandering away in Serie B. The club used to be one of the biggest clubs in Italy, winning the title on five occasions, but financial problems stopped their success.
- Troyes (France) On 3rd September 2020, City Football Group announced that they had purchased the shares of the former owner of Ligue 2 club Troyes from Daniel Masoni, making them the majority shareholder.
- New York City FC. In 2012, Manchester City had their first breakthrough into their quest of becoming one of Europe’s elite - and not just with Sergio Aguero’s last-gasp winner to seal a first title in 44 years.
- Melbourne City. A-League side Melbourne Heart was announced as the next addition of City’s owners in January 2014, triggering the formation of holding company City Football Group.
- Yokohama F. Marinos. In May 2014, the City Football Group expanded its reach into Asia with a 20% stake in J-League side Yokohama F. Marinos. The deal became the first minority club stake from the group, with car giant Nissan owning the other 80% of the project.
- Montevideo City Torque. RECOMMENDED. TAKEOVERS What next for Newcastle United? 5 things that will happen once the takeover is complete. In 2007, Uruguayan businessman Raul Aquino Reynoso founded his own team, Club Atletico Torque, starting at the very base of the country’s footballing pyramid.
- Palermo. Bought by CFG on July 4, 2022. Promoted to Serie B for 2022/23 season after playoff win. One of Italy's oldest clubs, they were excluded from pro leagues in 2019 for financial irregularities.
- New York City. Founded in 2013 by City Football Group in conjunction with New York Yankees baseball team. Created to have a second premier football/soccer team in New York City.
- Girona. Taken over by City Football Group in 2017. Popular destination for Manchester City players to be sent out on loan. Honours (since CFG takeover): Supercopa de Catalunya (2019)
- Melbourne City. Taken over by City Football Group in 2014 (changed name from Melbourne Heart to Melbourne City) Purchased to further global influence of City brand and breed transcontinental success.
Feb 7, 2024 · City Football Group owns Girona. What is City Football Group’s record as Girona owner? Girona, a historically modest club, are making a surprise charge for the Spanish league title.
As the owner of the Abu Dhabi United Group, Sheikh Mansour oversaw the 2008 acquisition of Manchester City Football Club. Under his guidance, the club has dramatically evolved its operations and performance both on and off the field.
Nov 28, 2019 · CFG is buying 65% of Mumbai City, meaning the group will now hold a stake in eight football clubs. Bollywood actor Ranbir Kapoor owns the remaining 35% of the club along with accountant Bimal...
