SHANGHAI (AFP) - Manchester City's owners City Football bureau (CFG) announced the purchase of Chinese third-tier club Sichuan Jiuniu upon Wednesday (Feb 20) - in partnership in the manner of a Chinese investment fund and a company that makes robots.The rare swoop for a Chinese team, after Sheffield united bought Chengdu Five Bulls in 2006, expands CFG's portfolio to seven clubs and follows the quick addition of Chinese football in recent years.Few details were revealed approximately the deal, which partners Abu Dhabi-owned CFG in the manner of China Sports Capital and UBTECH, a Chinese precious wisdom and humanoid robotic company. Investment fund China Sports Capital was jointly traditional by Sequoia China and Chinese state-linked CMC, which bought a 13 per cent stake in CFG in 2015.CFG with owns further York City and Melbourne City football clubs, but chief executive Ferran Soriano said it had been a long-held "dream" to become part of China's growing football scene."We want to be part of the initiative... even just a little part," he told a press conference in Chengdu. "We will be patient. We are here for the long-term."CFG is with the owner of Club Atletico Torque in Uruguay, and has stakes in Spanish LaLiga bureau Girona FC and Yokohama F. Marinos in Japan's J-League.Sichuan Jiuniu, its latest addition, are based in the western Chinese metropolis of Chengdu, and accomplishment their house games at the Chengdu Longquanyi Football Stadium.Chinese football was buoyed by an influx of funds and foreign stars after President Xi Jinping, who visited Manchester City in 2015, outlined ambitions to face the world's most populous nation into a global football power.
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Football: Manchester City Owners Team Taking Into Consideration Robot-Makers To Buy Chinese Club Football: Manchester City Owners Team Taking Into Consideration Robot-Makers To Buy Chinese Club (champions league live channel list,champions league live stream xbox,man city champions league live stream,live uefa champions league live streaming,)
Football: Manchester City Owners Team Taking Into Consideration Robot-Makers To Buy Chinese Club Football: Manchester City Owners Team Taking Into Consideration Robot-Makers To Buy Chinese Club (champions league live channel list,champions league live stream xbox,man city champions league live stream,live uefa champions league live streaming,)
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