Manchester City owners keen to invest in Indian club this year

REUTERS: The owners of Premier League champions Manchester City are considering investing in a club in India as part of an effort to increase their presence in Asia, chief executive Ferran Soriano has said.

City Football Group, which owns seven clubs including Major League Soccer's New York City FC, Spanish side Girona, Japan's Yokohama F Marinos and A-League side Melbourne City, hope to complete a deal for a club in India by the end of the year."We have some interest in some markets and countries where there is a genuine football passion and opportunities, like China, but also India," Soriano was quoted as saying by the BBC.

"There might be other opportunities in Asia. 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." City Football Group recently bought a stake in Chinese third-tier side Sichuan Jiuniu FC and Soriano said they were looking to add at least two or three more clubs to their stable.

"I cannot see 10 years ahead but the group might have two or three teams more," Soriano added."Is this going to change in five years and we're going to have more? Maybe, I don't know that."But to complete the vision that we had six years ago, I think we will have maybe two or three clubs more."

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Puma takes over from Nike as Manchester City kit supplierPuma has signed a long-term strategic partnership with English Premier League champions Manchester City, taking over from Nike as it seeks to make ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

City need generous penalty to beat West HamMANCHESTER CITY 1 WEST HAM UNITED 0
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Mahrez strikes as Man City beat Bournemouth to go topBOURNEMOUTH 0 MANCHESTER CITY 1
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Liverpool and City march on as Spurs fall further behindMANCHESTER, England: The Premier League title battle appears a two-horse race after leaders Liverpool and champions Manchester City both won on ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Football: Struggling Schalke hunt for new sports boss ahead of Man City returnBundesliga strugglers Schalke 04 are hunting for a new sports director, following Christian Heidel's resignation, with their Champions League ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Spurs held to draw by Arsenal as City go back on topTOTTENHAM HOTSPUR 1 ARSENAL 1
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Football: Mahrez strikes as Man City beat Bournemouth to go topREUTERS: Substitute Riyad Mahrez scored the only goal as Manchester City beat Bournemouth 1-0 at the Vitality Stadium on Saturday to return to the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Football: Mahrez fires City into top spot, Lloris saves Spurs in derby drawRiyad Mahrez fired Manchester City back to the top of the Premier League as the champions won 1-0 against Bournemouth, while Hugo Lloris saved ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Yanxi Gong in Beijing's Forbidden City gets $20m from Ng Teng Fong Charitable FoundationBEIJING (CHINA DAILY/ASIA NEWS NETWORK) - In the 720,000 sq m Forbidden City - the former imperial palace in the heart of Beijing officially known as the Palace Museum - there is a courtyard with a distinctively exotic appearance.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Wrong spire: UK PM May's office gets wrong city on anniversary of spy poisoningBritish Prime Minister Theresa May's office posted a picture of the wrong English city when it sought to mark the anniversary of the poisoning of a former Russian double agent that London has blamed on the Kremlin. 'This was an error which has now been rectified,' May said when asked about
Source: YahooSG - 🏆 3. / 71 Read more »