Manchester City Football Club owners in the person or with the name 'City Football Group' has buy a larger stake in Mumbai Club and this has put them as the majority stake holders in that club and this has made it the eighth club they will be investing on among which are Premier League champions Manchester City, New York City in MLS and so on.
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The City Football Group has purchased a 65 per cent stake in the club, with the remaining 35% retained by existing shareholders Ranbir Kapoor – a renowned actor and filmmaker – and Bimal Parekh.