Premier League: Manchester City buy into Japanese club YF Marinos
Man City's influence has extended into Japan with the news they have secured a minority stake in Yokohama Marinos.
Last Updated: 20/05/14 1:48pm
The partnership was announced in conjunction with the owners of Marinos - car manufacturer Nissan - in a deal which will allow the four-time Asia champions to gain access to the coaching, management, medical and sports science expertise of the City Football Group.
City's chief executive Ferran Soriano said: "We're thrilled to be able to play a role in investing and building on the ongoing success of YF Marinos.
"We are proud to offer a collaborative and integrated approach to the football, marketing, media and commercial development of all the clubs in the City family.
"At the same time, we are proud that each of our clubs is firmly rooted and invested in its local community as well as connected and engaged with its supporter base. We are very much looking forward to starting our collaboration."
City already have worldwide interests in the United States and Australia, including new Major League Soccer franchise New York City and Australian club Melbourne Heart in which they acquired an 80% stake in January.
Carlos Ghosn, president and chief executive of Nissan, said: "The YF Marinos is an excellent soccer club with a rich history which has grown hand in hand with Nissan.
"This partnership will contribute to the growth of the club, the growth of our shared hometown, Yokohama, as well as Yokosuka (city) and Japanese soccer."