City Football Group - Financials & Acquisitions

This story isn't directly about us, but there's an interesting little nugget buried in it:

Gigliani, who’s from Argentina but was raised across the United States and Europe, has spent the last 10 years with City Football Group. He oversaw eight of their international clubs, including all those in the European Union and Latin America. He sat on the board of directors of most of these clubs and worked directly with each club's CEO and sporting director.

Very interesting indeed . . .

 
 
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Trouble in Montevideo.


CFG bought the team in 2017, and that season they promoted to Primera, but relegated after just one year (2018). They promoted again in 2019, and finished fourth in 2021, but two years later they are relegated again. Fan quote: "we need to change many things and return to being a football club and not a player trading company."