VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
City Football Group, the holding company that owns Manchester City and New York City FC, is planning to set up a franchise in the booming Chinese Super League as the next step in their global expansion, according to ESPN FC.
The group's aim is to have a network involving one team with the title 'City' on each continent, creating unique commercial opportunities while greatly strengthening their flagship Premier League club's identity. China is naturally viewed as the next destination.
The network already own Melbourne City FC in the Australian A-League and have a stake in Yokohama J Marinos in Japan, as well as owning the Premier League and MLS outfits.
"Shanghai City" have been mooted as a potential franchise. Although no destination has yet been decided, the first steps in the plan have already been taken.
City have been giving Chinese Super League officials advice on running clubs, and ensuring the model is sustainable beyond the recent explosion in spending.
Source: ESPN FC
Proofread by John Devlin.
Future of Sport: a resounding success for the Global Sports Week and Viva Technology collaboration
21 Jun 2023 12:27
Related coverage
RCD Espanyol set up academy in Guangzhou
05 May 2016
Is Ding's woes mirroring snooker's downward trend in China?
12 May 2015
China’s loved athlete Liu Xiang to retire
05 Apr 2015
Chinese digital landscape: latest developments in European football
25 Jun 2015
Chinese patrons pour €100M annually into 16 Spanish clubs
08 Oct 2015
More from Yutang Sports
Leading legal minds tackle athlete representation and rules for transgender athletes at LawAccord
16 Feb 2024
SportAccord announces first speakers - World Sport & Business Summit 2024
06 Dec 2023
Future of Sport: a resounding success for the Global Sports Week and Viva Technology collaboration
21 Jun 2023
Squash will be significantly boosted by LA28 inclusion
17 Apr 2024
SportAccord’s conversation with FEI President Ingmar De Vos: Equestrian sport’s road to Versailles
22 Apr 2024
Yutang Sports
loading...