Manchester City owners bid for Brazilian Serie B club


Do you want to listen further?

Get a Digital Plus subscription and keep listening right away.

change subscription

With Digital Plus you can listen to articles. You get access immediately.

El Salvador. Sheikh Mansour is apparently adding another football club to the fold, which already includes England’s Manchester City and America’s New York City FC.

His company City Football Group (CFG) has at least made a bid for a Brazilian Serie B club.

This is the club EC Bahia. It is located in the big city of Salvador, which is on the east coast of the state of Bahia. It currently plays in Brazil’s second-best national football league, Serie B.

The bid is 190 million dollars. This corresponds to approximately DKK 1.45 billion and must ensure CFG a controlling share of 90 percent in the club.

It is also in the contract that CFG can choose to buy a further 5 percent of the club and increase its ownership to 95 percent.

The bid still needs to be accepted by the club’s ownership, but it is well above the sum requested by club president Guilherme Bellintani when negotiations with CFG became public knowledge.

Bellintani then mentioned a price of 650 million Brazilian reals. This corresponds to just over DKK 958 million.

If the club accepts the bid from CFG, the company can welcome its 13th football club into the fold. In addition to Manchester City and New York City FC, CFG also has Australian Melbourne City and Belgian Lommel SK on its hands.

CFG has previously received criticism for what in the sports world is called “sportswashing”. The term covers countries that try to improve their reputation by sponsoring athletes or sports teams, despite the fact that the countries violate human rights in several cases.

Last year Amnesty International specifically criticized Sheikh Mansour, who is part of the royal family that rules in Abu Dhabi in the United Arab Emirates.

The organization has reported on human rights violations in the emirates. It believes the royal family is using the positive image CFG’s clubs have to shift focus from its treatment of the country’s citizens.

/ritzau/Reuters


Source: www.berlingske.dk by www.berlingske.dk.

*The article has been translated based on the content of www.berlingske.dk by www.berlingske.dk. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!