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Manchester City reveals plan to invest in Yokohama F. Marinos

AFP-JIJI

Manchester City’s holding company, City Football Group (CFG), will become a minority shareholder in Yokohama F. Marinos in the first significant foreign investment in a J.League club, officials said Tuesday.

Nissan Motor Co., the main shareholder, said in a statement the partnership has been “designed to create new global opportunities for the Yokohama F. Marinos and Japanese soccer talent.”

Terms of the deal were not known.

Under the partnership the Marinos, three-time J.League champions, will gain “unrivalled access to CFG’s training methods, medical care, sport science, team management and coaching know-how”, the statement said.

CFG has a global network consisting of the newly crowned English Premier League champion Manchester City, Melbourne Heart FC of Australia and New York City FC, an MLS team.

“This partnership will contribute to the growth of the club, the club’s home town and Japanese soccer,” said Nissan president and CEO Carlos Ghosn.