It seems Ligue 1 club Toulouse FC could be about to link up with Premier League champions Manchester City.
On Monday, the French club’s president Olivier Sadran announced that negotiations are under way regarding a partnership with a “big European club”.
“We are working on a capital increase plan to give more resources to the club,” Sadran told reporters.
“With an industrial partner that brings added value through a partnership with a big European club.
“This partnership will allow us to have more skills, be more consistent, and be more efficient in the game.”
Toulouse website lesviolets.com claim that club will be City, and the French outfit added further fuel to the speculation when they unveiled their new City Football Group-esque club crest.
The partnership is expected to be made official in September, and will allow Toulouse to benefit from the range of expertise at CFG’s other member clubs, as well as take players on loan.
MLS side New York City and A-League club Melbourne City were the first members of the CFG, alongside their Manchester counterpart.
In 2014, Japanese club Yokohama F. Marinos were also acquired, before La Liga side Girona and Uruguayan Primera División outfit Club Atlético Torque joined in 2017.
CFG owners the Abu Dhabi United Group have previously expressed a desire to own at least one team on every continent and have also been linked with investment in AS Saint-Étienne, as well as clubs in China, Ecuador and South Africa.