City Football group, the owners of Manchester City are digging up investment opportunities in India, chief executive Ferran Soriano.
CFG already hold interest across Europe as they also own Japan’s Yokohama F Marinos, Club Atletico Torque in Uruguay and FC Girona of Spain alongside MLS side New York City FC and A-League club Melbourne City FC.
They recently expanded their reach in China as they also invested in Chinese third tier club Sichuan Jiuniu. India has become a very important figure in World football and FIFA has also started to explore the vast opportunity in the country.
The last U17 World Cup was held in India and World football’s governing body was very delighted to see the huge turnouts at stadiums. City officials were in India last year and could foray into the Indian market very soon.
Soriano said, “We have some interest in some markets and countries where there is a genuine football passion and opportunities, like China, but also India.
“So there might be other opportunities in Asia.
“With all these developments, we have to be patient. We’ve been looking at India for nearly two years now. I’d say this year we’ll end up doing an investment in India.”