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Post by epjr on Jan 22, 2014 22:26:31 GMT -6
Manchester City purchase A-League's Melbourne Heart, aim to mimic NYCFC modelNew York City FC will already have a sister club Down Under when they begin MLS play in 2015, with the announcement Wednesday that majority owners Manchester City FC have purchased a controlling share of the A-League's Melbourne Heart, effective immediately. Much like City's partnership with Major League Baseball's New York Yankees in the establishment of NYCFC, the ownership group of the Melbourne Storm of Australia's National Rugby League will have a minority stake (20 percent) in the soccer team. “We are excited about the opportunity to make Melbourne Heart one of the most successful football clubs in Australia and throughout the region," said Manchester City CEO Ferran Soriano), who also played a central role in the establishment of NYCFC, in a statement. "We believe the strong sports culture of Melbourne, combined with the football and commercial expertise within our consortium, will make for a powerful combination both on and off the pitch." www.mlssoccer.com/news/article/2014/01/22/manchester-city-purchase-leagues-melbourne-heart-aim-mimic-nycfc-model
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