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Manchester City owners plot £160M spend to take club to the next level

Home> City Xtra

Updated 12:38 4 Jan 2023 GMTPublished 11:31 22 Nov 2022 GMT

Manchester City owners plot £160M spend to take club to the next level

The City Football Group - parent company behind Manchester City - are plotting an attempt to take Brazilian club Bahia to the next level.

Freddie Pye

Freddie Pye

The City Football Group are plotting a significant spend on Brazilian club, Bahia in an attempt to transform the fortunes of their latest project.

The parent company behind Manchester City are expected to continue their pursuit of growing their global portfolio of clubs across the course of the coming weeks.

After successfully developing the fortunes of clubs across the globe, their next venture will take the organisation back into South America - specifically Brazil.

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Their newest acquisition will follow investments in the likes of the United States, India, Australia, and Uruguay to name a few.

Of course, the company's prized asset will always be Manchester City, and the Premier League champions are the clear focal points of the brand that is rapidly expanding with each passing year.

However, after developing over 10 clubs worldwide, there is a sense now that their focus in regards to developing a second-biggest club within their portfolio may be in Brazil.

According to the information of Brazilian outlet Globo Esporte, as translated and relayed by Sport Witness, Manchester City's owners want to spend R$1bn/£160m over the course of the next 15 years on their latest investment club.

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Breaking down the aforementioned targeted spend, it is revealed that R$500m/£80m would be outlined for signings.

Additionally, a further R$300m/£48m would be used to settle debts at the Brazilian club.

Finally, R$200m/£32m would be spent on improving and transforming Bahia's facilities - which is likely to include training ground improvements.

Bahia celebrate scoring. ZUMA Press, Inc. / Alamy
Bahia celebrate scoring. ZUMA Press, Inc. / Alamy

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As negotiations over a potential takeover of the club have been ongoing for several months, many supporters have been left wondering when that process could be completed.

According to Globo Esporte, a deal is expected to be completed before the middle of December.

Over the past decade, Manchester City have experienced a whole wealth of talent from Brazil, and this may explain the new-found focus in sourcing talent from the South American footballing hub.

In recent years, the likes of Fernandinho, Gabriel Jesus, and Robinho have all shone in the sky blue of the Etihad club.

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Fernandinho was club captain in his final season at Manchester City ( Sharon Dobson / Alamy)
Fernandinho was club captain in his final season at Manchester City ( Sharon Dobson / Alamy)

Within the first-team set-up at present, just Ederson represents Manchester City in the Brazilian national team set-up.

On a youth academy front, a number of Brazilian players are within the set-up, or elsewhere on loan, including the likes of Yan Couto, Diego Rosa, and Kayky.

City Football Group and Manchester City Football Club in particular will be hoping that any large scale investment in Bahia will even further improve their fortunes and grasp on the Brazilian football talent industry.

Featured Image Credit: PA Images / Alamy

Topics: Manchester City, Premier League, Football, Brazil

Freddie Pye
Freddie Pye

Owner/Founder and Content Lead at City Xtra

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