LONDON (AFP) - The owners of English Premier League champions Manchester City are considering adding a team in India to their global portfolio of clubs, chief executive Ferran Soriano said on Monday (March 4).
A fortnight ago City Football Group (CFG), bankrolled by Sheikh Mansour of the Abu Dhabi royal family, announced they had purchased a stake in Chinese third-rier club Sichuan Jiuniu.
That took the number of clubs under the CFG banner to seven, with the group also owning or having stakes in New York City, Melbourne City, Japan's Yokohama F Marinos, Atletico Torque and Girona, as well as star side Manchester City.
"We have some interest in some markets and countries where there is a genuine football passion and opportunities, like China, but also India," Britain's Press Association quoted Soriano as saying.
"So there might be other opportunities in Asia.
"With all these developments we have to be patient. We've been looking at India for nearly two years now. I'd say this year we'll end up doing an investment in India," he added.
CFG was established as an umbrella organisation in 2013 when City's initial sister club was launched in New York and Soriano said there was still room for significant investment beyond its existing seven teams.
"As we see it now, there is a natural pace of growth that we will follow that takes us to more than seven teams, but not 100 teams.
"I cannot see 10 years ahead but the group might have two or three teams more. Is this going to change in five years and we're going to have more? Maybe, (but) I don't know that.
"But to complete the vision that we had six years ago, I think we will have maybe two or three clubs more."
After a seven-month wait, the Lions will play at the National Stadium again, and also welcome a new ringmaster. The Straits Times understands that the Football Association of Singapore (FAS) will unveil Tatsuma Yoshida as the new national coach this week, after announcing yesterday two international friendlies against Solomon Islands on June 8 and Myanmar on June 11.
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The program's progress under former head coach Dave Cecchini helped Fox see the potential of football at Valpo. "As a coach in the league, I kept my eyes open and my ears to the ground," Fox said. "I could tell football was a priority at Valpo and I liked what they were accomplishing.
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And it showed. We played hard for 48 minutes." Mike Conley had 11 points and seven assists for the Grizzlies in the opener of a four-game California trip. Last season they finished with a winning road record for the first time at 24-17, third-best in the NBA. "It felt good, especially being our first road win of the season," Randolph said.
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TOKYO (REUTERS) - Asian shares and Wall Street stock futures turned negative on Wednesday (Feb 27) after Pakistan said it had shot down two Indian jets in its territory, sending investors out of riskier markets and into more conservative choices such as the yen.
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