Manchester City’s parent company, City Football Group, have bought a major share in promoted Spanish La Liga side Girona.
Read also: Photo: Kayode Olanrewaju confirms on Instagram he has signed for Man City
The Group announced the development on Wednesday in a statement in which it said it purchased the 44.3 percent stake held by the Girona Football Group, a company owned by Pere Guardiola, the brother of Pep Guardiola, who is the coach of the Premier League giants.
The value of the agreement was not known but part of it is to loan Girona five players from Manchester City this season.
The statement said in part, “City Football Group and Girona Football Group are the majority shareholders, and the new owners have set themselves the objective of maintaining, consolidating and expanding Girona to permanently establish itself in La Liga.”
AFP
