Premier League champions Manchester City have never hidden away from their desire to buy Indian Super League club Mumbai City FC in their quest to extend their already growing footballing portfolio of clubs around the world.
Executives from the City Football Group (CFG) have reportedly been in negotiations with a number of teams from the Indian Super League, with Mumbai City FC said to be the club that is nearing having new owners in the near future.
City chief executive Ferran Soriano confirmed earlier this year the CFG's interest in moving into the Indian market, with Mumbai City one of a number of clubs involved in talks.
“We have some interest in some markets and countries where there is a genuine football passion and opportunities, like China, but also India,” Man City’s chief executive Ferran Soriano had said.
“With all these developments, we have to be patient. We’ve been looking at India for nearly two years now. I’d say this year we’ll end up doing an investment in India.”, he added.
Along with their flagship club, Premier League champions Manchester City, the City Football Group already owns New York City FC, Melbourne City, Club Atletico Torque in Uruguay and Chinese side Sichuan Jiuniu. They also hold a stake in Spanish club Girona and Japanese side Yokohama F Marinos.