- July 17, 2021
- Posted by: Stratford Team
- Category: Business
As per an exclusive report from the Financial Times on Friday, as relayed by the Evening Standard, has revealed all the details surrounding what the latter have labelled as one of ‘the biggest debt deals football has ever seen.’
On Friday, the City Football Group raised a reported $650 million to step up their global expansion plans in the world of football.
The organisation already boasts 11 different clubs, including the likes of Premier League giants Manchester City, MLS super-brand New York City FC, and Spanish second division club Girona FC.
Established in 2013, the City Football Group’s ambition is to increase participation in football on and off the field, to find and develop the best footballing talent, and to deliver an exciting and forward playing game – as per the mission statement on the business’ website.
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