Tue May 12, 2020 3:09 pm
Belgian second division side Lommel SK have become the latest club acquired by the ever-expanding City Football Group.
Tuesday 12th May 2020
As well as owning reigning Premier League champions Manchester City, the group comprises of New York City FC, Melbourne City, Yokohama F. Marinos, Montevideo City Torque, Girona, Sichuan Jiuniu and Mumbai City.
Lommel SK, currently in Belgium's second division, are the third European club in the CFG stable in an investment they say grows their "global presence and focus on developing clubs, academies and players".
CFG chief executive Ferran Soriano said: "We are excited to welcome Lommel SK to City Football Group and to work together with the fans and the city to develop the club.
"Belgium is one of Europe's best football countries as demonstrated by the success of the national team and the development of world-class players, some of whom we know very well, like Kevin De Bruyne and Vincent Kompany.
"This investment is part of our long-term strategy to be present in key football countries, play beautiful football and develop talent.
"We were attracted to Lommel's culture, training facilities and commitment to youth development and we look forward to learning from their approach and helping the club to evolve in the months and years ahead."