MANCHESTER CITY’S owners City Football Group have agreed a deal to buy their ELEVENTH club.
The global football powerhouses have agreed to buy Dutch club NAC Breda, edging out building contractor Karel Vrolijk following a shareholders investigation.
City Football Group have agreed to buy Dutch club NAC Breda Credit: GETTY
City Football Group have a global reach An official club statement read: “We presented the results of our investigation to the shareholders.
“On that basis, they have chosen to sell their shares to City Football Group.
“All other parties that have applied since the start of the sales process have now been informed and thanked for their efforts.
“With City Football Group, which already has a long-term collaboration with NAC, an agreement was reached this week subject to approval by the Supervisory Board, NOAD Foundation, the KNVB and the municipality of Breda.
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Get a £50 bingo bonus plus 50 free spins when you sign up to Sun Bingo today “With this, the sales process is entering the final phase and the shareholders and City Football Group assume that preparations for the new season can be started in the short term.”
Breda will become the fifth European club to be added to the stable – alongside City, Girona, Troyes and Lommel.
Troyes were the last club CFG acquired in 2020.
It also has clubs in New York and Uruguay.
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City also have a heavy presence in Asia and Oceania, owning clubs in Australia, Japan, China and India.
The Premier League leaders’ owners have also expressed an interest in acquiring a minority stake in Russian giants Spartak Moscow last year.
But with Russia’s invasion of neighbours Ukraine, it isunlikely that CFG will want to continue with their pursuit.
Source: Soccer - thesun.co.uk