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Manchester Evening News
Manchester Evening News
Sport
Jon Robinson

'China's Rupert Murdoch' steps down as director of Man City parent company City Football Group

A businessman known as 'China's Rupert Murdoch', who is a major shareholder in Manchester City's owners, has stepped down as a director of City Football Group.

Li Ruigang no longer holds the role at CFG, according to a newly filed document with Companies House.

CMC Holdings, of which he is chairman, first invested in City Football Group in a $400m deal with CITIC Capital for a stake of just over 13%.

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