With Manchester City’s owners having already bought 10 clubs, the City Football Group has now announced a partnership with a new side.
The City Football Group (CFG), the holding company that administers all clubs under the ownership of Abu Dhabi United Group – which is owned by Sheikj Mansour bin Zayed Al Nahyan – has now partnered with Bolivian side Club Bolivar.
The South American side was not bought by CFG, but became the first official partner club, which will allow Bolivar to receive advice on scouting and coaching methodologies, youth academy development strategies, sports science and more.
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Ferran Soriano, chief Executive Officer of the CFG said: "We are very pleased to grow our global presence through this important collaboration with Club Bolivar, City Football Group’s first Partner Club.
"This long-term agreement is the first of its kind and will enable Club Bolivar to draw down on and utilise the wide range of football industry expertise developed by City Football Group.
"As well as supporting Club Bolivar’s ambitions, we have an opportunity to learn. Our work in Bolivia will certainly strengthen our knowledge of, and network in, South American football."
Marcelo Claure, president of Bolivar added: "Today, a dream becomes reality. Club Bolivar joins the City Football Group family as a Partner Club, consolidating a long-term project developing world-class football, corporate and infrastructure standards that will enable Club Bolivar to become even bigger.
"We will utilize the expertise and advice that CFG brings to continue in our goal to place Bolivar as a top club in Latin America."
Bolivar are the most successful club in Bolivia, having won 29 domestic league titles.