City Football Group to exit Mumbai City FC
Kolkata, Dec. 25 -- City Football Group (CFG) will no longer be a part of Mumbai City FC, the Indian Super League (ISL) club has informed the All India Football Federation (AIFF).
No one at the club was available for comment but an AIFF official said on Wednesday that the former Indian Super League (ISL) champions have written about a "change in the shareholders." CFG's stake will be bought by the club, said the AIFF official who requested anonymity because of the sensitive nature of the issue.
In November 2019, CFG, which includes Mumbai City and Manchester City, have 13 clubs in five continents and calls itself the world's first truly global football organisation, had acquired 65% stake in Mumbai City FC. While Atletico Madrid and Scotlan...
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