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The City Football Group issued a statement this Friday stating that Mumbai City is no longer part of the teams that are part of the network. At stake is the football crisis in India, which could see its 2026 championship canceled before kickoff.
Therefore, the network of clubs whose leader is Manchester City no longer has a partner in that part of the world, which could lead to new investment in the future. Here is part of the statement:
“Mumbai City FC (the Club) confirms that City Football Group Limited (CFG) has sold its stake in the Club. The founding owners will assume full control of the organization in the future (…). CFG has taken this decision after an exhaustive commercial review and in light of the uncertainty surrounding the future of the Indian Super League (ISL).
