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 …