FFA Approves Melbourne Heart Licence Acquisition
A consortium led by Manchester City Football Club has acquired Melbourne Heart FC effective immediately. The consortium also includes the ownership group of the Melbourne Storm as minority shareholders with a 20 percent stake.
Ferran Soriano, CEO of Manchester City, said: “We are excited about the opportunity to make Melbourne Heart one of the most successful football clubs in Australia and throughout the region. We believe the strong sports culture of Melbourne combined with the football and commercial expertise within our consortium will make for a powerful combination both on and off the pitch”.
Manchester City will also tour Australia in May as part of the deal for the club to purchase Melbourne Heart.
For more information on the acquisition CLICK HERE
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