SPORTACCORD confirms Istanbul as Host City for 2025 Convention
13 Mar 2025 23:29
According to a news report, the Chief Operations Officer (COO) of the City Football Group(CFG), Tom Glick, visited Shenzhen city in July and plans to establish a football club there.
On the 1st December 2015, Manchester City F.C announced that CITIC Capital Holdings Limited had bought 13.79% shares worth $400 Million. Manchester City Football Club is wholly owned by City Football Group Limited (CFG). The Abu Dhabi royal family are the largest shareholders.
It is well known that China is one of the most important markets in the world. The Abu Dhabi royal family has a good relationship with the Chinese government. This summer, Manchester City FC finished their China tour in Beijing and Shenzhen.
Earlier, some media sources said the City Football Group would buy Beijing Guoan F.C to establish a “Beijing City Football Club,” but finally the group chose Shenzhen to help Manchester City Football Club enlarge their influence in China.
Proofread by Sean O Diobhilin
Related coverage
Chairman of Wanda: Good news for Chinese football!
24 Jun 2015
President Xi calls for more sports exchanges and cooperation between China and UK
24 Oct 2015
Alibaba and Handnice to invest $1.5m in LeidaSports
20 Apr 2016
Hangzhou Invested 230 million RMB in Asian Games
03 Nov 2015
Leicester City to launch Chinese youth training plan
18 May 2016
More from Yutang Sports
When New tournaments Meets New Tech, the Old Friend of Football Has New Stories
14 Jul 2025
SPORTACCORD confirms Istanbul as Host City for 2025 Convention
13 Mar 2025
Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025
Yutang Sports
loading...