City Football Group, owners of Manchester City FC, have announced a $400 million investment from a Chinese consortium that will give them 13% stake and values CFG at $3bn, with Khaldoon Al Mubarak, the chairman, insisting this will a leverage the incredible potential that exists in Chinaa . Along with the Manchester club, CFG also own New York City FC, a start-up Major League Soccer franchise, and Melbourne City FC, of Australiaa s A-League, plus it retains a minority shareholding in Yokohama F Marinos of the Japanese J-League. Al Mabarak hopeful of leveraging potential in China . The Chairman of CFG is positive about exploiting the talent in China and believes these are minor steps that will lead to the transition of Chinese football. As reported by the Guardian, Al Mubarak said: a Football is the most loved, played and watched sport in the world and in China, the exponential growth pathway for the game is both unique and hugely […]