CFG expands club ownership with addition of Nac Breda

March 25 – City Football Group have acquired Dutch second-tier outfit Nac Breda, which will become the eleventh club owned by the Abu Dhabi group. 

In a statement, Breda said: “We presented the results of our investigation to the shareholders. On that basis, they have chosen to sell their share to City Football Group.

“All other parties that have applied since the start of the sales process have now been informed and thanked for their efforts.”

No price was given for the acquisition.

At present, CFG’s club portfolio includes multiple clubs, stretching from Australia to Bolivia.  The brainchild of Manchester City CEO Ferran Soriano, CFG has expanded aggressively since its foundation in 2013, owning minority and majority stakes in various clubs as well as forging simple partnerships.

Manchester City is the group’s flagship outfit and most prized asset. The other clubs are New York City (USA), Melbourne City (Australia), Mumbai City (India), Yokohama F. Marinos (Japan), Montevideo City Torque  (Uruguay),  Girona (Spain), Sichuan Junu (China), Lommel (Belgium), Troyes (France) and  Bolivar (Bolivia).

Nac Breda currently lie in eighth position in the Eerste Divisie, the second tier of Dutch football.

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