- Moderator
- #401
"It can't be good for the reputation of the City group to be consistently playing in front of empty seats though. They'd be better off buying some other team in Asia somewhere that actually has fans."
The City Football Group has an 80% share (other 20% is with the owners of the Melbourne Storm) in Melbourne City that cost them $12 million and was more than re-couped when they sold Aaron Mooy to £10 million. So that has paid off and they have got other players ready to sell to increase the benefit of their buy in.
As better off buying other clubs in Asia, they have done that.
They have had a 20% share in J-League side Yokohama F. Marinos since 2014 but if they establish a Japan based subsidiary then they can in time seek to eventually own a controlling stake in the club. From this share in Yokohama, the City Football Group gained a sponsorship deal with Nissan who founded Yokohama and have as their current manager of Yokohama, one Ange Postecoglou. In Feburary they brought Sichuan Jiuniu Football Club in China in partnership with China Media Capital who own 13% of the City Football Group.
So their reach in Asia is bigger than just Melbourne City already, it has already paid off in many way than just crowds