Deals
Manchester City's Owner Is Close to Buying Another Soccer Team
- Manchester City owner may announce Torque purchase this week
- Team would be smallest member of City Football Group’s stable
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The billionaire owner of English Premier League’s Manchester City soccer team is close to adding a little-known Uruguayan team to his portfolio of clubs, according to a person familiar with the matter.
City Football Group, owned by Abu Dhabi’s Sheikh Mansour bin Zayed Al Nahyan, may announce its purchase of second-division Club Atletico Torque as soon as the end of this week, according to the person, who asked not to be identified.