Manchester City's owners launch new partnership with Club Bolivar, the biggest team in Bolivia, as CEO Ferran Soriano hails unique agreement which will see South Americans work with City Football Group, rather than being owned by them

Manchester City's umbrella ownership organisation City Football Group has set up a partnership with Bolivian outfit Club Bolivar.

Bolivia's most decorated club will now benefit from the City Football Group's infrastructure, coaching, scouting and contacts.

'We are very pleased to grow our global presence through this important collaboration with Club Bolivar, City Football Group's first partner club,' said City Football Group chief executive Ferran Soriano.

'This long-term agreement is the first of its kind and will enable Club Bolivar to draw down on and utilise the wide range of football industry expertise developed by City Football Group.