X
Follow The Sportsman on Facebook
Football  /
Stats Powered By

Manchester City Owners Add To Global Stable With Purchase Of Chinese Club

Manchester City have a new stable-mate today
Manchester City have a new stable-mate today

Manchester City have added another club to their growing global portfolio.

City Football Group (CFG), have announced the joint purchase of Chinese club Sichuan Jiuniu FC who play in China League Two who play at the 27,000 capacity Chengdu Longquanyi Stadium in Sichuan Province.

They join the likes of City, MLS side New York City FC, and Australian team Melbourne City FC in the CFG stable.

The purchase is a collaboration with China Sports Capital, a fund co-founded by China Media Capital, and UBTECH - a commercial partner of Manchester City since 2016.

In a statement, chief executive officer of CFG, Ferran Soriano, said: "Today marks an exciting new chapter in the growth of City Football Group. China is an extremely important football market, which we have been focused on for some time.

"We are delighted to welcome Sichuan Jiuniu FC to our Group, alongside our partners, China Sports Capital and UBTECH. We see this as a natural extension of our existing activities.

"From our work together at Manchester City and across CFG, our relationships with CMC Inc, China Sports Capital and UBTECH make us very confident that we have established a strong ownership group which is well placed to oversee this club.

"We believe strongly in the future of football in China. We are making a long-term, sustainable commitment to grow and develop Sichuan Jiuniu FC and to nurture Chinese footballing talent. These objectives are equally important.

"Our immediate focus will be strengthening our football performance, using all of our experience and know-how, forging a strong relationship with our fans and building a strong presence in the community. We cannot wait to get started."

Register with The Sportsman to personalise your news feed with your favourite sports and team.
Latest Football Articles
Bet Slip
Log In
Open
Settled
Deposit
Quick Deposit
Deposit
CV2
Deposit Funds
Change Payment Method
Bet Placed
Retain Selections
Clear Slip
Free Bets
Bet Slip 0
| Join Now
Balance: £0.00
Refresh
Log Out
The line, odds or availability of your selections has changed.
Remove All
Singles
Click a price to add a selection
Multiples
To view multiples
Multiple options are restricted for the highlighted selections
The line, odds or availability of your selections has changed.
Accept Changes
Total Stake:
£ 0.00

Estimated Returns:
£ 0.00
£ Place Bet
Bet on Bet365 website
New To Bet365?
Bets are accepted in accordance with the operator's rules
and terms and conditions. Hillside (UK Sports) LP is licensed
and regulated by the British Gambling Commissioner
(Licence number 39563). Registered Office Hillside (UK Sports) LP
(registration number 117), Unit 1.1, First Floor, Waterport Place,
2 Europort Avenue, Gibraltar.
DON'T HAVE A
BET365 ACCOUNT? New Customer Offer
The Sportsman is an officially endorsed bet365 betting partner. All bets are placed securely via our API link-up with bet365 and no data or transactional information is sahred with or accessible by the sportsman.com. Bets are accepted in accordance with the operator's Rules and Terms and Conditions.