City Football Group completed the acquisition of a 65% stake in Mumbai City FC.

City Football Group, which through its subsidiaries, owns and operates football-related clubs and businesses, completed the acquisition of a 65% stake in Mumbai City FC, a professional football team in Indian Super League. Financial terms were not disclosed. “We believe that this investment will deliver transformative benefits to Mumbai City FC, to City Football Group and Indian Football as a whole. City Football Group is committed to the future of football in India and to the potential for Mumbai City FC within that future. We are very much looking forward to playing an active role in Mumbai City FC’s fan and local communities, and working with our co-owners to further develop the Club as quickly as possible,” Khaldoon Al Mubarak, CFG Chairman.