(Reuters) - City Football Group, which owns Premier League leaders Manchester City, is looking to add to its stable of soccer clubs and is especially keen on acquisitions in China, according to its chief commercial officer, Tom Glick. Manchester City is one of several clubs owned by the group, a holding company in which Abu Dhabi United Group owns an 87 percent stake with the remaining 13 percent held by the China Media Capital consortium. In addition to Manchester City, the group owns MLS franchise New York City, Australian side Melbourne City, Uruguay's Club Atletico Torque, a joint majority stake in Spanish club Girona and a minority stake in Japan's Yokohama F. Marinos. "There are a number of very interesting markets and healthy leagues with great upsides so we're looking at a number of places, including places in Asia." China has invested heavily in the sport in recent years, boosting its domestic league by signing a number of high-profile, international players and coaches.
Source: thestar March 22, 2018 12:45 UTC