City Group offers $190 mln for Brazilian soccer club Bahia ...Middle East

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City Football Group (CFG), the owner of Manchester City English Premier League soccer team, made an offer of 1 billion reais ($190 million) for 90% of Brazilian club Esporte Clube Bahia, CFG said on Friday. The purchase is part of a funding bonanza in Brazilian soccer, following the approval of a law that allowed clubs to seek outside investment.

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