Manchester City owner looking to expand globally with new office in China
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.
16 July 2019 - 10:45 AM
Get smarter in minutes. Straight to your inbox
21-day free trial
No credit card required. No strings attached. Your access ends automatically, so there’s nothing to cancel.
Activate instantly with the link we’ll send you.
Popular stories
Image
Image
