The business groups within football have more and more power to improve clubs as soon as they arrive with dollars, to expand infrastructure and bet on franchise players or motivate who they are with high salaries.
Next, we review the case of one of the largest of the current: the City Football Group and the 10/13 most important companies that lead within the sport. Sight!
In February 2019, they acquired the club that competed in the China League 2. Currently, the fans have an enclosure for 27,000 people and they play in the highest division.
The eighth club that the business group acquired was this one. In 2019, the announcement that they were buying the 65% of the shares It came after an investment close to 500 million dollars. Yes, they play in the Indian Super League.
Far from feeling the COVID-19 pandemic in its economy, the CGF confirmed the purchase of the Belgian club for an amount of 2, 3 million dollars thus ending with an institutional debt that it carried. They have not yet achieved promotion to the First Division.
With the desire to stomp in South America, at the beginning of 2021, they agreed to a bond as members of the Bolivar Club upon landing. +30 million dollars for the construction of the Stadium and the development of youth soccer. Premium advisors from the largest institution in Bolivia.
The tenth club of the CFG Empire was the Troyes who, at that time, played in the Second Division of France and, today, after a strong commitment and investment in the Academies and the promotion of youth players, plays in Ligue 1. Less than a year was enough to meet the first objective. Obviously, they own 100% of the company chart.
In August 2017, the 44.3% of the Spanish club remained in the hands of the CFG. Currently, they play in LaLiga Santander in Spain and were a sensation due to the football identity of the last teams.
Despite having, back in 2015, 8 years since its foundation and looking like a simple neighborhood club, they chose to disembark at the Torque to give a resounding turn to the history of the institution. Today they play in the First Division of Uruguay, compete in International Cups and have a stadium for 14 thousand spectators. The City Charrúa.
Melbourne became hegemonic in Australian football since the imminent arrival of the Business Group that guaranteed diversity and development in all areas of football, from women’s to men’s, with a large investment in infrastructure. 12 years of life, Stadium for 40 thousand people, 2 titles.
They founded New York City to give New Yorkers a club and space to develop. They promoted it and invested millions in reinforcements such as -among others- Frankie Lampard, Andrea Pirlo and David Villa. They have a stadium for +50 thousand people with only 8 years of life.
The mother club of this business circle is Manchester City, which enjoys millions of dollars market after market to invest in reinforcements and first-rate facilities. Who doesn’t want to be like them Citizens?