City Football Group
 |
|
| Holding company | |
| Industry | Sports Sports services |
| Founded | 2014 |
| Founder |
HH Mansour bin Zayed Al Nahyan Khaldoon Al Mubarak |
| Headquarters | Etihad Campus, Manchester |
|
Key people
|
Khaldoon Al Mubarak Ruigang Li Brian Marwood Ferran Soriano Tom Glick |
| Revenue |
 GB£368,703,000 (2015) |
|
GB£3,385,000 (2015) |
|
| Profit |
GB£-32,172,000 (2015) |
| Total assets |
GB£243,972,000 (2014) |
| Owner |
Abu Dhabi United Group (87%) China Media Capital/CITIC Capital (13%) |
|
Number of employees
|
709 (2015) |
| Subsidiaries |
Manchester City F.C. (100%) New York City FC (80%) Melbourne City FC (100%) Yokohama F. Marinos (20%) City Football Academy City Football Marketing City Football Services City Football Japan City Football Singapore City Football China |
| Website | Official website |
The City Football Group (CFG) is the holding company established to oversee the creation and administration of a network of linked clubs and other footballing operations under the aegis of Manchester City. The company is run as a holding company under parent company the Abu Dhabi United Group (ADUG) along with Chinese part-owners China Media Capital and CITIC Capital.
The Abu Dhabi United Group was founded in the summer of 2008, as Sheikh Mansour bin Zayed Al Nahyan looked to take over Manchester City Football Club from the former Prime Minister of Thailand Thaksin Shinawatra. The Abu Dhabi United Group was set up in order to facilitate the purchase of the Premier League club.
After its takeover, Manchester City launched into a complete overhaul of all departments, intent on rising to the top as fast as possible. On the pitch, the following seasons saw the team replaced under the management of Mark Hughes and then a second time under Roberto Mancini as the lobbying of established UEFA Champions League clubs in the Premier League forced the Manchester team to act quickly in order to achieve Champions League status before the newly implemented Financial Fair Play Regulations made it inviable for teams to spend outside of their earnings in an attempt to move up the table. Meanwhile, off the pitch City spent £10 million on revamping their Platt Lane academy base as they formulated plans to produce a £100m training and academy facility on land opposite their stadium, studying training facilities around the world in an attempt to create the world's foremost development in its field. This came in conjunction with the announcement in 2014 that they had received planning permission to increase their stadium capacity to over 62,000, making it the second largest club stadium in England. Further investment came in the field of fan engagement, where City committed themselves to a policy of winning the global popularity contest with a mass display of social media.
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Wikipedia