Get all your news in one place.
100's of premium titles.
One app.
Start reading
Manchester Evening News
Manchester Evening News
Sport
Joe Bray

Man City CEO Ferran Soriano issues statement as City Football Group complete EC Bahia takeover

Manchester City have a new sister club as EC Bahia have been confirmed as the latest club in the City Football Group, with Blues CEO Ferran Soriano hailing the completion of the long-awaited takeover.

City's owners the CFG now have 13 clubs in their portfolio, with Brazilian side Bahia the latest club to fall under the parent group. Bahia members voted overwhelmingly for the CFG to take a majority stake in the club back in December, with the deal completed and confirmed on Thursday.

The CFG now take 90 per cent of the club, with the other ten per cent of shares continuing to belong to Bahia.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.