City Football Group
CFG posts another loss despite Manchester City profits
City Football Group (CFG), the parent company of Premier League club Manchester City, has announced record revenue of £877m (€1.022bn/$1.106bn) for the 2022-23 financial year but recorded a further pre-tax loss of £126m.
Berrada hired as Man United CEO in latest City Football Group exit
Manchester United has announced the appointment of Omar Berrada as its new chief executive after he left his position as head of football operations at City Football Group (CFG), the parent company of Premier League rivals Manchester City.
SPL’s boardroom push sees Man City commercial chief join Al-Hilal
Esteve Calzada, one of football's top marketing executives, has quit his role as chief commercial officer at the City Football Group, the multi-club ownership group spearheaded by Manchester City, to join…
City Football Group completes takeover of Brazil’s Bahia
City Football Group (CFG), the parent company of Premier League club Manchester City, has completed its takeover of Esporte Clube Bahia, which becomes the 13th member of the global network of football…
City Football Group agrees partnership with Singapore’s Geylang International
City Football Group will provide on- and off-pitch expertise in club management to Singaporean team Geylang International under a new collaboration
MSG Sports, Arctos among investors in Sapphire Sport $181m equity round
Sapphire Sport, the early-stage venture capital fund managed by Sapphire Ventures, has raised $181m (€166m) in an oversubscribed second investment round, led by major stakeholders across the sports, b…
Silver Lake ups stake in City Football Group as CMC steps back
US private equity firm Silver Lake has further increased its stake in City Football Group (CFG) through a deal that reduces the interest of China Media Capital (CMC) in the parent company of English Premier…
Terms agreed for City Football Group’s entrance into Brazilian market
City Football Group (CFG), the parent company of English Premier League club Manchester City, has agreed terms on a takeover deal that would make Campeonato Brasileiro Série B team Bahia the first Brazilian …
Silver Lake acquires additional City Football Group stake from China Media Capital
US private equity firm Silver Lake has upped its stake in City Football Group, the parent company of English Premier League club Manchester City and several other teams around the world
Asahi Super Dry signs global City Football Group deal
Japan’s number one beer brand Asahi Super Dry has signed as a new global sponsor of City Football Group (CFG), including Premier League champions Manchester City.
City Football Group adds Palermo to club ownership portfolio
City Football Group has entered the Italian market by acquiring a majority stake in Serie B club Palermo
Xylem renews City Football Group sponsorship
US-based water technology company Xylem has renewed its multi-year global sponsorship of Premier League Champions Manchester City and selected City Football Group teams
777 Partners hires CFG’s Dransfield to lead football properties
Executive to oversee firm's fast-growing portfolio in the sport
NAC Breda’s €7m sale to City Football Group vetoed by main shareholder
City Football Group’s proposed takeover of NAC Breda has fallen through after the NOAD Foundation, which owns a ‘golden share’ in the Dutch Eerste Divisie club, blocked the deal.
I
Nissan to pivot from global deals to more ‘strategic partnerships’ says sponsorship head
Nissan is likely to pivot away from striking global sponsorship deals to focus instead on more ‘strategic partnerships’ according to Owen Hughes, head of global sponsorship for the car manufacturer.
City Football Group close to NAC Breda takeover
Dutch Eerste Divisie football club NAC Breda is poised to become the latest member of City Football Group’s global portfolio of teams.
Manchester City Women and New York City FC announce JLab headphones tie-up
Two City Football Group-owned clubs, Manchester City Women and New York City FC, have announced sponsorship deals with American headphones brand JLab Audio.
Melbourne City FC connects with MyRepublic as exclusive internet sponsor
Australian football club Melbourne City FC has signed up MyRepublic as its official internet provider