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Chinese pay $400 million for 13% stake in City Football Group
City Football Group

Chinese pay $400 million for 13% stake in City Football Group

China planted its flag in the English Premier League on Tuesday as a consortium of Chinese investors bought a 13 percent stake in Manchester City's parent company for $400 million (377 million euros). China Media Capital (CMC) and CITIC Capital have purchased the stake in City Football Group (CFG), which had previously been wholly owned […]

City Football Group

/ 3080 days ago

Chinese pay $400 million for 13% stake in City Football Group

China planted its flag in the English Premier League on Tuesday as a consortium of Chinese investors bought a 13 percent stake in Manchester City's parent company for $400 million (377 million euros). China Media Capital (CMC) and CITIC Capital have purchased the stake in City Football Group (CFG), which had previously been wholly owned […]
ByAFP

City Football Group

/ 3099 days ago

Vieira appointment shows CFG has to learn from Lampard fiasco

The life of a soccer manager is precarious at the best of times, but taking on the senior role at a Major League Soccer expansion club is clearly a triumph of hope over the experience of others. The dismissal last week of Jason Kreis by New York City FC only adds to the already dismal […]
Bystaff