The owners of Premier League champions Manchester City are set to acquire a majority stake in Indian Super League (ISL) football team Mumbai City FC, a source with direct knowledge of the development told Reuters on Thursday.
Manchester City are the crown jewel of the City Football Group (CFG), which is majority owned by Abu Dhabi-based Sheikh Mansour bin Zayed Al Nahyan.
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"The investment will showcase the interest of the world in Indian football," said the source, who asked not to be named as the talks were private.