Man City owners CFG in advanced talks to buy Brazil's Bahia

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·22 September 2022

Man City owners CFG in advanced talks to buy Brazil's Bahia

Manchester City's umbrella company are set to buy a new Brazilian club.

City Football Group (CFG) are set to expand their global stable of clubs to 12 with the purchase of Bahia in Brazil.

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The Daily Mail reports a deal to take over the second division club is at an advanced stage, with key meetings set to take place this week in a bid to ratify an agreement.

It will mark the City Football Group's (CFG) third foray into South America.. They have a stake in Uruguay's Montevideo City Torque while also retaining a partnership with Club Bolivar in Bolivia.

Bahia, whose president attended City's Champions League quarter-final against Atletico Madrid at the Etihad Stadium in April, would offer CFG a further foothold in South America as they look to strengthen links with the area.