Wednesday, 21 May 2014

Man City invest in Japanese club

Manchester City have bought a stake in Japanese J-League club Yokohama F-Marinos, further expanding their links with overseas clubs.ARAB MONEY.
City, owned by Abu Dhabi's Sheikh Mansour, have already bought Australian club Melbourne Heart and are launching the New York City Football Club next season as part of their commercial expansion from their base in Manchester.

City chief executive Ferran Soriano said: 'We're thrilled to be able to play a role in investing and building on the ongoing success of YF Marinos.The YF Marinos is an excellent soccer club with a rich history which has grown hand in hand with Nissan,' said Carlos Ghosn, Nissan President and CEO.

'This partnership will contribute to the growth of the club, the club's hometown and Japanese soccer,' he added.City, English champions twice in the past three seasons, have been fined and had their Champions League squad size capped for next season after falling foul of Financial Fair Play rules.

The club say that they are on course to move into profit from next season after Sheikh Mansour ploughed hundreds of millions of pounds into creating a team capable of competing with the best in Europe. From Dailymail Uk.



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