Lommel SK have become the latest club to be acquired by the City Football Group (CFG)
City Football Group, headed by Abu Dhabi United, was founded in 2014 after Sheikh Mansour took over Manchester City in 2008.
Since completing that acquisition and turning Manchester City into a dominant team in the Premier League, CFG has taken over Melbourne City, Montevideo City Toque, Mumbai City, Girona and New York City.
Additionally, City Football Group has stakes in Sichuan Jiuniu and Yokohama F. Marinos.
The group has now taken over Belgium second tier club Lommel SK renowned for a ‘’strong academy and focus on youth development’’.
‘’We are excited to welcome Lommel SK to City Football Group and to work together with the fans and the city to develop the club.’’ Said Ferran Soriano, CFG’s chief executive.
‘’Belgium is one of Europe’s best football countries as demonstrated by the success of the national team and the development of world-class players, some of whom we know very well, like Kevin De Bruyne and Vincent Kompany.
‘’This investment is part of our long-term strategy to be present in key football countries, play beautiful football and develop talent.
‘’We were attracted by Lommel’s culture, training facilities and commitment to youth development and we look forward to learning from their approach and helping the club to evolve in the months and years ahead.’’
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