City Football Group completes the acquisition of another team …
City Football Group, the owners of Manchester City, have completed the acquisition of Ligue 2 ESTAC Troyes.
In addition to City, CFG’s portfolio also includes New York City in the United States, Melbourne City FC in Australia, Yokohama F. Marinos in Japan, Montevideo City Torque in Uruguay, Girona in Spain, Sichuan Jiuniu FC in China, Mumbai City FC in India and Lommel SK in Belgium.
Ferran Soriano, managing director of the City Football Group, said: “We have been interested in French football for a long time and have long admired ESTAC, so we are delighted to have completed the acquisition of our 10th club and to have a permanent presence in France. This is a milestone for City Football Group and demonstrates how our model continues to adapt and grow in a relatively short amount of time.
“At City Football Group, our goal remains to play good football, identify and develop core talent and have a permanent presence in football centers around the world. There is no doubt that France is one of the best football countries in the world and we are proud to be part of that community.
“We look forward to getting to know our new home and Club fans and working together to create a bright future for ESTAC. We would also like to thank Mr. Masoni for all his contributions to the Club ”.