Manchester City invest in Japanese club YF Marinos

Manchester City invest in Japanese club YF Marinos
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Summary Terms of the deal were not known.

TOKYO (AFP) - Manchester City s holding company, City Football Group (CFG), will become a minority shareholder in Yokohama F. Marinos in the first significant foreign investment in a J-League club, officials said Tuesday.

Nissan Motor Co., the main shareholder, said in a statement the partnership has been "designed to create new global opportunities for the Yokohama F Marinos and Japanese soccer talent".

Terms of the deal were not known.

Under the partnership the Marinos, three-time J-League champions, will gain "unrivalled access to CFG s training methods, medical care, sport science, team management and coaching know-how", the statement said.

CFG has a global network consisting of the newly crowned English Premier League champions Manchester City, Melbourne Heart FC of Australia and New York City FC, a US Major League Soccer outfit.

"This partnership will contribute to the growth of the club, the club s home town and Japanese soccer," said Nissan president and CEO Carlos Ghosn.

 

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