All posts tagged: City Football Group.

City Football Group confirms exit from Mumbai City FC amid ISL uncertainty

City Football Group confirms exit from Mumbai City FC amid ISL uncertainty

Published by Webster

In a major blow to Indian football, City Football Group (CFG) has officially divested its stakes in Mumbai City FC, the Indian Super League (ISL) club announced on Friday. “Mumbai City FC (the Club) can confirm that City Football Group Limited (CFG) has divested its shareholding in the Club. The founding owners will assume full control of the organisation moving forward,” an official statement from the club read. CFG will sell its 65 percent stake in the club, returning ownership to Mumbai City Football India Pvt Ltd, which is co-owned by Ranbir Kapoor and Bimal Parekh. “Since 2019, CFG and Mumbai City FC have reached new heights -winning two ISL League Winners’ Shields and two ISL Cup titles, strengthening the Club’s football operations, and making meaningful contributions to the growth of the game in India. “CFG has made this decision following a comprehensive commercial review and in light of the ongoing uncertainty surrounding the future of the Indian Super League (ISL). This step reflects CFG’s disciplined and strategic approach – ensuring its focus remains on …

Manchester City owners’ exit from Mumbai City made ‘in light of ongoing uncertainty’ around future of ISL | Football News

Manchester City owners’ exit from Mumbai City made ‘in light of ongoing uncertainty’ around future of ISL | Football News

Published by Webster

The City Football Group (CFG), owners of England and European giants Manchester City and multiple other clubs around the world, confirmed via a joint statement with Mumbai City FC that it has parted ways with the latter due to the uncertainty around the future of the Indian Super League (ISL). Mumbai City had earlier informed the All India Football Federation (AIFF) of the CFG selling its 65 percent shares to the club’s parent company Mumbai City Football India Pvt Ltd, which is co-owned by Bollywood star Ranbir Kapoor and chartered accountant Bimal Parekh. “Mumbai City FC can confirm that City Football Group Limited has divested its shareholding in the club. The founding owners will assume full control of the organisation moving forward,” said the statement. “CFG has made this decision following a comprehensive commercial review and in light of the ongoing uncertainty surrounding the future of the Indian Super League (ISL). This step reflects CFG’s disciplined and strategic approach – ensuring its focus remains on areas where it can have the greatest long-term impact.” CFG …

Ortiz returns to India, joins Mumbai City FC

Ortiz returns to India, joins Mumbai City FC

Published by Webster

Mumbai City FC on Thursday announced the signing of Spanish attacker Jorge Ortiz. Hailing from Villacañas, Spain, Ortiz joins the Islanders through the 2025-2026 season and will look to bring his experience and quality to the squad. A product of Getafe CF’s youth system, Ortiz has built an impressive career in Spain, including a spell with Atlético Madrid B. In 2022, he joined Shenzhen Peng City (Mumbai City FC’s sister club) where he played in China League One from 2022–2023 and participated in the Chinese Super League in 2024, registering a total of 15 goals and 11 assists in 56 matches. Ortiz also brings experience at the AFC level, featuring prominently and scoring in the 2021 AFC Champions League. Ortiz’s time in the ISL saw 36 appearances studded with 14 goals and 8 assists. His signing, which comes at a crucial juncture of the current ISL season, will fortify the Islanders side. Ortiz, known for his attacking mindset and versatility, will look to fit smoothly into Kratky’s squad, play a key role and fill important …