Manchester City Owners Exit Mumbai City FC After Six Years
The City Football Group (CFG) have officially divested their shares in Mumbai City FC, ending a six-year association with the Indian Super League (ISL) club. CFG first acquired a 65% controlling stake on 27 November 2019, marking their eighth club in the global multi-club network.
During CFG’s tenure, Mumbai City thrived domestically, winning two ISL League Winners’ Shields and two ISL Cup titles—landmark achievements that reflected a marked improvement since the takeover. The club also benefited from strengthened football operations and broader development initiatives under CFG’s strategic guidance.
On 26 December, the City Football Group confirmed that the majority stake had been divested, returning full control of the club to its founding owners. An official statement from CFG, relayed by Mumbai City FC, said: “Since 2019, CFG and Mumbai City FC have reached new heights – winning two ISL League Winners’ Shields and two ISL Cup titles, strengthening the Club’s football operations, and making meaningful contributions to the growth of the game in India.”
The statement added that the decision followed a comprehensive commercial review and the ongoing uncertainty surrounding the future of the 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,” it continued.
CFG expressed gratitude to everyone connected with Mumbai City FC, from players and coaches to staff, fans, and partners, while reaffirming their commitment to maintaining relationships in India moving forward.
FAQ
Q: How long was CFG associated with Mumbai City FC?
A: CFG held a majority stake in Mumbai City FC for six years, from November 2019 to December 2025.
Q: What successes did Mumbai City achieve under CFG?
A: The club won two ISL League Winners’ Shields and two ISL Cup titles, alongside improvements to football operations and club infrastructure.
Q: Who now controls Mumbai City FC?
A: Full control has reverted to the founding owners of the club following CFG’s divestment.
Q: Why did CFG decide to exit?
A: The decision came after a financial and commercial review, coupled with uncertainty around the future of the Indian Super League.
Conclusion
The divestment marks the end of CFG’s partnership with Mumbai City FC, closing a successful chapter that brought trophies and infrastructure improvements. While CFG shifts its focus to areas with greater long-term strategic impact, the club’s founding owners now have the opportunity to chart their own path in Indian football. CFG’s legacy at Mumbai City FC, however, will be remembered for elevating the club both on and off the pitch.
