HomeNewsFinance & MoneyFootballUnited Kingdom

City Football Group linked with takeover of Thai League’s Muangthong United

Thai media are reporting a takeover bid of Muangthong by City Football Group, owners of Premier League champions Manchester City.

According to reports in the Bangkok Post, Muangthong officials gave little away about the potential for a takeover, with team director Ronnarit Suewaja saying only: “It is normal for a world-class club like Manchester City with an international presence to expand into the Thai market.”

“Whether it will be Muangthong United or some other team, you will have to wait to find out.”

Apart from Manchester City, other clubs in City Football Group’s portfolio include New York City in the USA, Melbourne City in Australia, Club Atletico Torque in Uruguay, Girona in Spain and Sichuan Jiuniu in China.

They are also part-owners of J.League side Yokohama F.Marinos, where Thailand international Theerathon Bunmathan is currently on loan from Muangthong.

Most recent

After launching in Miami this spring, the Sports Decision Makers Summit – from SportBusiness and Sportel – came to London's Rosewood hotel on July 9-10. This is what we learned from our expert speakers. W

Liverpool FC decided to arrange its own tour of the United States this summer, rather than compete in the pre-season International Champions Cup, because the club preferred to be "independent" and have more freedom to arrange opponents, dates and venues.

As the Tour de France moves towards its conclusion in Paris, Kevin Roberts talks to Ralph Denk, team manager of the German Bora-Hansgrohe team about the business of running and funding an international cycling outfit.

As France's Ligue 1 is staging a four-team tournament in Washington DC this week, Bob Williams looks at how it aims to expand its reach into the US and improve overseas media-rights income.