03 September 2020 – 12:11
City Football Group admits it has long wanted to invest in the French league
The City Football Group, owner of, for example, Manchester City, announced on Thursday the acquisition of a new club: the French 2nd division Espérance Sportive Troyes Aube Champagne (ESTAC) is the group’s tenth emblem.
“CFG will become the new majority shareholder of ESTAC, having acquired the shares held by the previous owner, Daniel Masoni. French businessman Maxime Ray also acquired a minority stake in the club and will occupy a place in the board,” said the statement this Thursday.
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“We have been interested in French football for some time now and have long admired ESTAC, so we are delighted to have completed the acquisition of our tenth club and to have a permanent presence in France. This is a milestone for the City Football Group and demonstrates how our model continues to adapt and grow in a relatively short space of time, “said Ferran Soriano, City Football Group CEO.
Remember the City Football Group owns Manchester City (England), New York City (USA), Melbourne City (Australia), Yokohama F. Marinos (Japan), Montevideo City Torque (Uruguay), Girona (Spain), Sichuan Jiuniu (China), Mumbai City (India) and also Lommel SK (Belgium).
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