Manchester City owner looking to expand globally with new office in China

16 July 2019

Sheik
Photo: Getty Images In 2015 CFG, owned by Sheikh Mansour bin Zayed al-Nahyan, a member of the Abu Dhabi ruling family, announced private equity groups China Media Capital and CITIC Capital had acquired a 13 per cent stake in the group for £265 million, valuing CFG at around £2 billion.

Manchester City’s owner, the company City Football Group, has opened a new office in China.

The office is situated in Chengdu and is CFG’s 12th location worldwide.

The opening is part of a plan to expand the company’s global presence while also building on CFG’s already well-invested interest in China.

Peter Høyer ph@offthepitch.com

As part of a plan to expand its global presence, Manchester City’s owner, City Football Group (CFG), has opened a new office in Chengdu, China. 

As Manchester City prepare to visit China as part of our pre-season tour, this shows our continued and deep commitment to participating in the continuing growth of football in China

The new office space follows the acquisition of a minority stake in Sichuan Jiuniu FC, alongside UBTECH and China Sports Capital, becoming the seventh club in the CFG network in February this year.   

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