Manchester City owners thinking of buying club in India

Date:

Share post:

spot_imgspot_img
Manchester, March 5 (IANS) Manchester City chief executive Ferran Soriano said on Tuesday that the owners of the English Premier League (IPL) outfit are thinking of buying a club in India.

City Football Group increased its portfolio to seven clubs after buying a stake in Chinese third-tier side Sichuan Jiuniu FC in February.

“We have some interest in some markets and countries where there is a genuine football passion and opportunities, like China, but also India. So there might be other opportunities in Asia,” Soriano was quoted as saying by the BBC.

City Football Group recently bought stakes in Chinese third-tier side Sichuan Jiuniu FC in February to increase its portfolio to seven clubs.

Besides Manchester City, the group also owns or has shares in New York City, Melbourne City, Yokohama F Marinos, Atletico Torque and Girona.

“With all these developments we have to be patient,” said Soriano.

“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.”

spot_imgspot_img

Related articles

Assam Budget focuses on jobs, infrastructure, healthcare; outlines 10 key initiatives

Guwahati, July 10: Assam Finance Minister Jayanta Malla Baruah on Friday presented the 2026-27 state Budget in the...

Leaderless radicalisation poses new security challenge in South India

New Delhi, July 10: The nature of radicalisation in South India is undergoing a significant shift, with security...

Assam Police bust drug racket; seize narcotics worth Rs 3 crore

Guwahati, July 10: Assam Chief Minister, Himanta Biswa Sarma, on Friday commended a police team in the Sribhumi...

A·doko JJM-ni kamrang matchotangengjok: Sorkari

SHILLONG: A·dokni nok te-5,42,527 (83.94%)-na Jal Jeevan Mission-ko a·bachengataoni chirangko sale on·aha. Meghalaya a·doko nok te 6,50,854 donga aro...