City Football Group chief Brian Marwood has spoken glowingly of Melbourne City's acquisition of Australian legend Tim Cahill.

The A-League club, who are closely associated with Premier League giants Manchester City and MLS franchise New York City, have signed the 36-year-old former Everton star on a three-year deal.

Cahill's contract includes a two-year playing deal with a third year as part of City Football Group's coaching team and managing director of football services Marwood, who also operates as Man City's football administration officer, was thrilled with the move as he eyes another player-to-coach succession plan as took place with NYCFC head coach Patrick Vieira.

"Having Tim join us really builds on the momentum we have created on and off the field over the past two seasons," he said.

"His playing credentials combined with his incredible experience will allow him to make an important and timely contribution to the team.

"He has many aspects to his game that have enabled him to enjoy a stellar career. His goals to games ratio have been impressive both as a midfield player and a striker. His undoubted technical qualities and desire to get the best out of himself and those around him are the key qualities that have given him both success and longevity.

"These attributes will undoubtedly help Melbourne City over the coming seasons.

"The plan to transition Tim to join our coaching team is both significant and exciting. His international experience as a player on four different continents marries perfectly with City Football Group's unique global footprint.

"Following the player-to-coach pathway of Patrick Vieira, Tim has a real opportunity to develop within City Football Group both on the field and from the touchline."