City Football Group, the parent
company of Manchester City, has bought over a club in the second tier of the
French League to take the total number of clubs it has invested in the world to
ten.
CFG will become the new majority
shareholders after they acquired the shares owned by previous owner Daniel
Masoni.
“We have had an interest in French
football for some time and have long admitted Troyes, so we are delighted to
have completed the acquisition of our tenth club and have a permanent presence
in France. This is a milestone for City Football Group and demonstrates how our
model continues to adapt and grow in a relatively short space of time,” the
chief executive of CFG, Ferran Soriano said.
Troyes joins the likes of
Manchester City (UK), New York City (US), Melbourne City (Australia), Yokohama
F. Marinos (Japan), Montevideo City (Uruguay), Girona (Spain), Sichuan Jiuniu
(China), Mumbai City (India) and Lommel SK (Belgium) in the City Football Group’s
portfolio.
Troyes finished fourth last season
before the 19/20 campaign was suspended.
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