City Football Group buys Ligue 2 club Troyes

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.