The owners of Manchester City, City Football Group (CFG) have reportedly purchased French club, Troyes
Troyes were founded in 1986, and play at the 20,400 capacity Stade de l’Aube.
CFG owns Manchester City who are backed by the Abu Dhabi United Group, also has stakes in New York City in Major League Soccer, Melbourne City in the Australian A-League, Japanese club Yokohama F Marinos, Montevideo City Torque in Uruguay, Segunda Division side Girona, China League Two outfit Sichuan Jianiu, Mumbai City in India and Belgian club Lommel SK.
Troyes finished fourth in Ligue 2 last season. They were one point off the promotion places when the French football season was suspended, before later being abandoned, due to the coronavirus pandemic.
CFG have become the new majority shareholders in Troyes, taking over from previous owner Daniel Masoni.
CFG managing director Ferran Soriano said: “We have been interested in French football for some time and have long admired ESTAC. We are therefore delighted to have completed the acquisition of our 10th club and to have a permanent presence in France.
This is an important milestone for City Football Group, which proves that our model continues to adapt and develop in a relatively short period of time.
“At City Football Group, our objective remains to play beautiful football, identify and develop grassroots talent and have a permanent presence in the world’s football centres. There is no doubt that France is one of the top football countries in the world and we are proud to be part of that community.
“We look forward to getting to know our new home and the club’s fans and working together to create a bright future for ESTAC. We would also like to thank Mr Masoni for all his contributions to the club”.