Tribal Football

Man City owners CFG end investment in Mumbai City

Man City owners CFG end investment in Mumbai City
Man City owners CFG end investment in Mumbai CityTribalfootball

Manchester City's owners City Football Group have pulled their support of India's Mumbai City.

The City Football Group owns a vast array of clubs: Manchester City, New York City, Melbourne City, Mumbai City, Yokohama F. Marinos, Troyes, Montevideo City, Girona, Shenzhen Peng City, Lommel SK, Palermo, Bahia, and Club Bolivar.

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But the Emirati group is now divesting itself of Mumbai City, of the Indian Super League.

The Indian media outlet Khel Now reports that  City's owners have decided to withdraw from the Indian club, in which they have held a majority stake (65%) since 2019.

Once the process is completed, Mumbai City FC will return to full ownership under Bollywood actor Ranbir Kapoor and businessman Bimal Parekh.

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