Etihad Stadium, Manchester, Britain. Picture: REUTERS/ JASON CAIRNDUFF
While rivals such as Manchester United have focused on building their brand and global following based on one team, CFG has acquired clubs around the world and modelled them on the Manchester City style of play and off-field organisation. “Our goal is long-term, we are here to stay,” he told a news conference in Mumbai. “We are not here to lose money, we will look to help the league generally improve so that everybody makes money, including us. It will take time, we are patient.”
Reuters had reported earlier on Thursday that CFG, which is majority owned by Abu Dhabi’s Sheikh Mansour bin Zayed Al Nahyan, was likely to acquire a majority stake in Mumbai City. Traditionally quite popular in Goa, Kerala and Kolkata, interest in football in India has grown over the past decade with the arrival of hundreds of artificial pitches in cities such as Bengaluru, Mumbai and Delhi, which have drawn in a young population previously focused chiefly on cricket.
Source: News Formal (newsformal.com)
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