• Kyodo

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The City Football Group is looking to set up a Japanese subsidiary by next summer with an eye on eventually owning a controlling stake in the J. League’s Yokohama F. Marinos, sources have told Kyodo News through Wednesday.

CFG, which owns Premier League champion Manchester City, currently holds approximately 20 percent of Marinos’ shares that it purchased in May from the team’s majority owner, Nissan Motor Co.

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