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Tag: CFG

Marcelo Claure expands CFG links with 10% stake in New York City FC 

September 17 – City Football Group (CFG) has added US investor Marcelo Claure to its New York City FC ownership group with a 10% stake in City Football Group US Holdco LLC.

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Europe

Keeping it in the family. UEFA rules Man City and Man Utd can face sister clubs in UCL and Europa League

uefa flag

July 8 – Manchester City and Manchester United will be able to face Girona and Nice respectively in Europe this coming season after multi-club ownership conditions set by UEFA were met.

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Competitions

UEFA to rule on whether Man City and Girona can both play in 2024/25 UCL

May 3 – Manchester City and Girona could face a UEFA probe over their eligibility to compete in next season’s Champions League should the latter secure qualification because of rules around multi-club ownership, according to press reports.

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Performance

Man City’s Etihad expansion hits first-year construction landmark

April 19 – Manchester City’s stadium development has completed installation of the first steels as the project reaches the one-year anniversary of the club’s submission of the planning application for its £300 million expansion.

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Finance

Man City owners CFG record £122m loss across its 13-club network

April 8 – City Football Group (CFG) have revealed a £112 million loss for the year 2023, despite prize asset Manchester City raking in record-breaking in their treble winning season.

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Europe

City Football Group add Istanbul Basaksehir ‘collaboration’ to club portfolio

February 18 – City Football Group (CFG) have expanded their club portfolio yet again, announcing a “football collaboration agreement” with Turkish Super Lig side Istanbul Basaksehir.

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Football Marketing

Man City renew Unilever global sponsorship for Rexona brand

October 26 – Treble winners Manchester City have renewed their long-term global partnership with Unilever brand, Rexona.

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Finance

City Football Group add Brazil’s top flight Bahia to stable of club ownership

May 5 – Brazil’s Bahia have become the latest club to join the City Football Group (CFG), the owners of English giants Manchester City.

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Premier League

Man City submit £300m plan to expand Etihad Stadium and create entertainment complex

April 18 – Manchester City has submitted a planning application to local authorities that will expand the Etihad Stadium to over 60,000 capacity and create a year-round entertainment and leisure destination around the stadium.

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Premier League

Man City unveil plans for stadium expansion and ‘globally relevant’ Etihad Campus

February 28 – Manchester City has unveiled design concepts for the expansion of the Etihad Stadium capacity to more than 60,000, and the creation of an upgraded entertainment, sport and leisure centre on a widened footprint of the Etihad Campus.

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Football Marketing

Man City partners with OTT giant Jio for digital push into India

January 5 – Premier League Manchester City, whose owners City Football Group (CFG) have ambitions to expand in India, has unveiled a new regional partnership with Indian digital services company Jio Platforms.

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Premier League

Man City thinking bigger with Etihad Stadium and Campus expansion plan

December 13 – Manchester City is looking at plans to increase the capacity of the Etihad stadium to 60,000 as well as boost facilities around the stadium footprint.

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Digital platforms

Queue jumping. Man City use WaitTime to speed up match-day experience

December 6 – Premier League Manchester City is to install an artificial intelligence platform that will provide real-time information on crowd density, traffic and movement of fans.

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Finance

Silver Lake buys second tranche of CMC shares in Man City owner City Football Group

November 28 – US private equity investor Silver Lake has boosted its shareholding in Manchester City’s parent company City Football Group (CFG) to more than 18%.

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Finance

China Media Capital sells parcel of CFG shares to Silver Lake

September 16 – Private equity group Silver Lake has become the second-largest shareholder in City Football Group (CFG), upping their stake to 14.5%.

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