Manchester City Football Club CEO Ferran Soriano speaks at a news conference to announce the partnership between Manchester City Football Club and the New York Yankees to form a Major League Soccer (MLS) expansion club, New York City FC, in New York, May 22, 2013. REUTERS/Mike Segar
(Reuters) - English Premier League club Manchester City have moved into Australian football with the purchase of A-League franchise the Melbourne Heart with Football Federation Australia (FFA) approving the acquisition on Thursday.
Made in partnership with a group of owners of NRL (rugby league) side the Melbourne Storm, the acquisition will allow the new owners to assume responsibility for all existing obligations of the Heart, effective immediately.
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