Manchester City deliver a big punch after State-backed Chinese consortium invested £265m to gain 13 per cent share in CFG

Manchester City is now the 4th richest club in Europe..With Real Madrid, Fc Barcelona and Manchester United maintaining 1st, 2nd and 3rd Position.

David Gill said Last Year ‘I’m not being arrogant,' ‘but Manchester City will never be as big as Manchester United in Asia and certain markets.’

That statement seems very naive this morning. At the precise moment he was speaking, City were already in advanced talks with a government-backed Chinese investment group, China Media Capital Holdings.
That's why it is not good to chat s**t lol. David Gill be Warned

Who is City Football Group?

An Anglo-Arab holding company founded in 2014 which oversees the network of clubs linked to Manchester City as well as dealing with other footballing operations.

Manchester City, New York City, Melbourne City and Japanese side Yokohama F. Marinos all belong to CFG.

CFG runs under parent company the Abu Dhabi United Group (ADUG) and recorded a revenue of over £300m last year.

The ADUG was set-up in order to facilitate the purchase of the Premier League club. 

City chief executive Ferran Soriano and club chairman Khaldoon Al Mubarak oversee the day-to-day running of the CFG.

Under Sheik Mansour's leadership, City have won the FA Cup, Capital One Cup, two Premier League titles and the Community Shield.

Who are the Chinese Investors who bought 13% stake in CFG?

Chinese consortium is investing £265m to gain 13 per cent share in CFG

State-backed China Media Capital was founded by Li Ruigang, an influential Shanghai Communist Party member who has deftly mixed business and politics.

During Xi's state visit to Britain, the Chinese president and the Prince William looked on as Li inked a deal with a British attraction operator to build a new Lego theme park in Shanghai.

Kun Sergio Aguero poses for a selfie with Chinese President Xi Jinping and Prime Minister David Cameron

Li was present during Xi's visit to the US weeks earlier, when CMC announced a tie-up with Warner Brothers to produce and distribute films.

Aside from his film and entertainment concerns Li splashed $1.3bn last year to win broadcast rights for five years to the Chinese football league, in the latest sign of growing interest in football among China's business elite.

In 2014, Jack Ma, chairman of Internet giant Alibaba, purchased half of Guangzhou Evergrande, the reigning Asian Champions League winners.