Manchester City are set to gain a new sister club as members of Brazilian side EC Bahia voted overwhelmingly in favour to become part of the City Football Group.
City's parent company, the CFG, already has 12 clubs in its portfolio around the world across five continents, with Montevideo City Torque and partner club Bolivar their only South American interests so far. Now, they are set for a presence in Brazil, with Salvador-based Bahia now becoming the 13th club in the group, after securing promotion to Brazil's Serie A last month.
With Bahia club members required to vote to approve any outside investment, the CFG takeover was passed on Saturday with a 98.6 per cent approval rating. Work will now take place to formally complete the takeover, with CFG to hold a 90 per cent stake in the club. Previous reports suggested the takeover could be worth £175m.
