Brazilian news outlet ge reports that City Football Group offered almost $200 million to buy 51% of Club Atlético Mineiro, winner of Brazil’s Série A last year. Journalist Rodrigo Capelo wrote that a meeting took place “between representatives of Atlético Mineiro and Ferran Soriano, CEO of the British group, two weeks ago,” but that bid was rejected as low.
According to ge, City Football Group made no comment. Reuters reports that City Football Group “refuted the report and said no bid has been made...and no bid will be made in the future.