Football Trade Directory

Manchester City purchase League Two Chinese club

Manchester City owners, City Football Group along with a consortium including China Sports Capital and UBTECH, have bought Sichaun Jiuniu FC.
 
The Chinese club resides in League Two of the China football pyramid.
 
The club boasts 27,000 seats at their Chengdu Longguanyi Football Stadium, situated in Chengdu.

City Football Group, are known to be heavily involved in a multitude of worldwide football related businesses. 

 Sichuan Jiuniu FC will join the Groups other entities, New York City FC of the MLS, Melbourne City in the Australian A-League and their flagship club Manchester City of the Premier League.

 City Football Group have offices in China based in Shenzhen and Shanghai respec­tively.­ 

Chief Executive Officer of City Football Group, Ferran Soriano, said: “Today marks an exciting new chapter in the growth of City Football Group. China is an extremely important football market, which we have been focused on for some time.

“We are delighted to welcome Sichuan Jiuniu FC to our Group, alongside our partners, China Sports Capital and UBTECH. We see this as a natural extension of our existing activities. 

“From our work together at Manchester City and across CFG, our relati­on­ships with CMC Inc.­  China Sports Capital and UBTECH make us very confident that we have established a strong ownership group which is well placed to oversee this Club.

“We believe strongly in the future of football in China. We are making a long-term, sustainable commitment to grow and develop Sichuan Jiuniu FC and to nurture Chinese footballing talent.

“These objectives are equally important. Our immediate focus will be streng­thening our football performance, using all of our experience and know-how, forging a strong relationship with our fans and building a strong presence in the community. We cannot wait to get started.”

“We can’t be more excited about this partnership.” said Sheng Li, Managing Partner of China Sports Capital, “We have always believed in the long-term opportunity of football in China and have been making our efforts to contribute through our investment portfolio.

“With City Football Group and UBTECH as our partners, we are committed to build Sichuan Jiuniu FC into one of the most professional football clubs in China with long-term susta­ina­bility and develop an ever-growing pool of talented young players for our football industry in China by leveraging City Football Group’s professional expertise and global network, and UBTECH’s industry leading Artificial Intelligence tools and R&D capability.”

 

 

Posted in Club news and tagged Manchester City, Chinese League Two, Sichuan Jiuniu FC on