May 04, (THEWILL) – The City Football Group (CFG) has added Brazilian club, Bahia, to its ever-expanding portfolio, making it the 13th club to join the group.
Manchester City serves as the flagship club for CFG, which was established over ten years ago, and now includes clubs from across the globe. Bahia, based in Salvador, is the latest club to partner with CFG, with the group announcing on Thursday, that they have acquired a 90% stake in the club, with the remaining portion continuing to be held by Esporte Clube Bahia.
Ferran Soriano, the chief executive of CFG, expressed his excitement about the partnership, stating that the group would bring all its experience, know-how, technology, and passion to support Bahia.
With the addition of Bahia, CFG now has three South American clubs in its portfolio, joining Uruguay’s Montevideo City Torque and partner club, Bolivar, in Bolivia. Manchester City, New York City FC, Melbourne City, Yokohama F. Marinos, Girona, Sichuan Jiuniu, Mumbai City, Lommel, Troyes and Palermo complete the list.
CFG’s expansion demonstrates their ongoing commitment to growing their reach while supporting clubs across the globe.
Jude Obafemi is a versatile senior Correspondent at THEWILL Newspapers, excelling in sourcing, researching, and delivering sports news stories for both print and digital publications.
