Wednesday briefing: City Football Group receives £60 million cash injection

City Football Group (CFG), the owners of several football clubs including Manchester City and Girona FC, have recieved an injection of £60 million by their Arab owners.

A Companies House submission on Monday confirmed that CFG has issued almost 6.8 million A Preference Shares at a rate of £8.82.

This marks CFG’s latest investment, after the multi-club organisation issued more than 7.9 million shares last year, receiving a cash injection of £70 million.

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