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City Football Group Buys 10th Club, France's Troyes

MANCHESTER, England (AP) — The Abu Dhabi-based ownership of Manchester City added a 10th club to its worldwide portfolio by announcing the purchase of French second-division team Troyes on Thursday.

The City Football Group will become the majority shareholder of Troyes after buying the shares of its previous owner, Daniel Masoni, following a review of the sale by French football’s financial watchdog.

“We have had an interest in French football for some time and have long admired ESTAC (Troyes),” said Ferran Soriano, chief executive of CFG, “so we are delighted to have completed the acquisition of our 10th club and have a permanent presence in France.