Manchester City hail purchase of Chinese club as ‘exciting new chapter’

• Sichuan Jiuniu FC are the seventh club to be part of the CFG
• Ferran Soriano says China is an ‘extremely important market’

Manchester City’s parent company have announced the joint-purchase of a seventh club, Sichuan Jiuniu FC, who play in China’s third tier.

City Football Group (CFG) have bought the Chengdu side together with China Sports Capital and Ubtech. It is the next step in CFG’s involvement in China, having previously opened offices in Shanghai and Shenzhen.

Continue reading...