The City Football Group are eyeing their next phase of expansion, according to a new report, with planned investments in three new countries next on their agenda.
CFG, as it is commonly referred, currently holds investments across 13 clubs across the globe, with the ownership of teams in South America, Europe, Asia, and Oceania, with Manchester City and Girona regarded as their prized possessions.
Italian club Palermo became the most recent acquisition by the City Football Group, with the takeover of the historic side confirmed in July 2022. However, while their global portfolio of clubs is already impressive, there is seemingly no plan to stop just yet.
Speaking during a new interview with Ajansspor, as translated and relayed by Sport Witness, Manchester City academy coach Mustafa Alper Avci has revealed the wider group are continuing plans to expand across the globe, with investments eyed in three named countries.
“City Group is a company that invests in football in many countries of the world,” the City coach is reported as saying. “Among the teams purchased by City Group, the most important is Manchester City, apart from Palermo, Troyes and Girona.”
Continuing onto the next phases of CFG, Mustafa Alper Avci revealed, “City Group has an idea of purchasing teams in Turkey, Finland and Korea. I hope this will come true and an exemplary model will be created in our country.”
Many believed that the 115 charges from the Premier League currently hanging over Manchester City would hinder some level of investment across the wider business, however things have continued as normal.
Shortly after the charges were confirmed, Manchester City briefed sections of the English media that it would be ‘business as usual’ in light of the confirmed news, and the club have continued in that manner.
Speaking recently on the growth of City Football Group and further plans for development, Manchester City chairman Khaldoon Al Mubarak also shown light on details as he said, “This is about building and growing value, reinvesting consistently into Manchester City.
“It’s about redeveloping the Etihad, building the CFA, building a stadium in New York, building an academy in Girona, building an academy in Palermo. It’s about investing in a club in Brazil and taking it to win and compete at the highest level in South America.
“It’s always about growth and what’s the next best thing. It’s always about creating and building true value for this great Group.”
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