FILE PHOTO: Football - Manchester City v Liverpool - Barclays Premier League - The City of Manchester Stadium - 10/11 - 23/8/10 - Manchester City owner Sheikh Mansour bin Zayed Al Nahyan waves Mandatory Credit: Action Images / Jason Cairnduff /File Photo
MUMBAI (Reuters) - The owners of Premier League champions Manchester City have agreed to buy 65% of Indian soccer team Mumbai City FC, expanding their global stable of clubs to eight in countries from China to Japan to the United States.
The City Football Group (CFG) announced the deal just a day after it agreed to sell a stake to U.S. private equity firm Silver Lake for $500 million, making it the most valuable soccer group in the world with a $4.8 billion price tag.
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