The City Football Group have announced a joint-purchase of Sichuan Jiuniu FC, a team in China's third division.

“We believe strongly in the future of football in China. We are making a long-term, sustainable commitment to grow and develop Sichuan Jiuniu FC and to nurture Chinese footballing talent. Our immediate focus will be strengthening our football performance, using all of our experience and know-how, forging a strong relationship with our fans and building a strong presence in the community," said CFG executive Ferran Soriano.

The team represents the 7th football club in CFG's portfolio, and their first in China.