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Manchester City set to add to portfolio as they thrash out club purchase in Uruguay... and deal could make it easier to buy from South America

Manchester City are thrashing out a deal to buy a club in Uruguay as part of their ever-expanding portfolio of foreign teams.

City Football Group - who also own New York City, Melbourne City and Yokohama Marinos - have identified South America as an area to target.

Club chiefs are also looking at ownership in China but prioritised an acquisition of a Uruguayan partner.

Manchester City owner Sheikh Mansour (centre) could add to his portfolio of foreign teams
Manchester City owner Sheikh Mansour (centre) could add to his portfolio of foreign teams
Frank Lampard played for New York City before his retirement from playing at the start of 2017
Frank Lampard played for New York City before his retirement from playing at the start of 2017

City believe the foray into South America would help their commercial operation, while the move is likely to help the signing of players from that region.