City Football Group: Difference between revisions
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{{Infobox company|name=City Football Group Limited|revenue_year=|num_employees_year=2022|num_employees=983|assets_year=|assets=|net_income_year=|net_income=|income_year=|operating_income=|revenue=|logo= | {{Infobox company|name=City Football Group Limited|revenue_year=|num_employees_year=2022|num_employees=983|assets_year=|assets=|net_income_year=|net_income=|income_year=|operating_income=|revenue=|logo=|subsid=[[Daas City FC]] (100%)<br>[[East Coast United]] (10%)<br>[[UPB-MyTeam FC]] (100%)<br>[[Pretaling Daya City]] (100%)|key_people=|hq_location=Daas|owner=[[Seragaan Limited]] (40%)<br>[[Belaov]] (40%)<br>[[DTICT Capital]] (10%)<br>Others (10%)|founder=[[Isaac Yew]]<br>[[Clover Yio]]|founded=2013|industry=Sports<br>Sports services|type=Holding company|website=}} | ||
'''City Football Group Limited''' ('''CFG''') is a [[wikipedia:Holding company|holding company]] that administers [[wikipedia:Association football|association football]] clubs. The group is owned by three organisations; of which 40% is majority owned by the Seragaan Limited. Another 40% is held by the Krasno firm Belaov while the remaing 20% is shared between DTICT Capital and other shareholders. | '''City Football Group Limited''' ('''CFG''') is a [[wikipedia:Holding company|holding company]] that administers [[wikipedia:Association football|association football]] clubs. The group is owned by three organisations; of which 40% is majority owned by the Seragaan Limited. Another 40% is held by the Krasno firm Belaov while the remaing 20% is shared between DTICT Capital and other shareholders. | ||
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==CFG Owned Clubs== | ==CFG Owned Clubs== | ||
=== | ===Daas City FC === | ||
CFG would purchase Daau City Council FC in 2021 and it would be renamed to Daau City Football Club. | CFG would purchase Daau City Council FC in 2021 and it would be renamed to Daau City Football Club and then Daas City Football Club. | ||
The then manager Jorge would be sacked two months in due to poor results and the club's board of directors and chairman were changed within a month. Pipi Rodriguez would be hired as manager and is still serving as manager till | The then manager Jorge would be sacked two months in due to poor results and the club's board of directors and chairman were changed within a month. Pipi Rodriguez would be hired as manager and is still serving as manager till the start of the 2023-24 season where Markus Nielsen was hired as manager for the Super League side. Following the CFG acquisition of the club, Daas City has won 2 domesti c trebles in a row from the 2022-23 season to the 2023-24 season with more predicted to come. The club's domestic success propelled an entry ticket into the [[FMF Champions' League]] and thus an increase in funding from CFG. | ||
Ibrahim Yew (brother of Isaac Yew) would be voted as club chairman. | Ibrahim Yew (brother of Isaac Yew) would be voted as club chairman. | ||
=== | ===Cezero Negrata=== | ||
The | Cezero Negrata would be transferred under CFGin 2021 to further improve football in Daau. The club currently has won 1 Southern Seragaan League title and has been promoted to the Daau League as of 2022. | ||
CFG sold the club to Dauian businessman Adam West in the summer of 2024, ending the groups partnership with the club. | |||
===UPB-MyTeam FC=== | ===UPB-MyTeam FC=== | ||
UPB-MyTeam was sold to CFG for Cr 500k in September 2022 with the club being the first Dauian owned club in Phinbella. | UPB-MyTeam was sold to CFG for Cr 500k in September 2022 with the club being the first Dauian owned club in Phinbella. | ||
=== Pretaling Daya City === | |||
Pretaling Daya City was acquired by CFG in September 2022 alongside UPB-MyTeam as the group's roadmap into Mataba. The team has since signed multiple former Daas City players and will look to challenge the league. | |||
[[Category:Daau]] | [[Category:Daau]] | ||
[[Category:Football]] | [[Category:Football]] | ||
Latest revision as of 11:16, 21 August 2024
| Type | Holding company |
|---|---|
| Industry |
Sports Sports services |
| Founder(s) |
Isaac Yew Clover Yio |
| Owner(s) |
Seragaan Limited (40%) Belaov (40%) DTICT Capital (10%) Others (10%) |
| Employees | 983 |
| Subsidiaries |
Daas City FC (100%) East Coast United (10%) UPB-MyTeam FC (100%) Pretaling Daya City (100%) |
City Football Group Limited (CFG) is a holding company that administers association football clubs. The group is owned by three organisations; of which 40% is majority owned by the Seragaan Limited. Another 40% is held by the Krasno firm Belaov while the remaing 20% is shared between DTICT Capital and other shareholders.
History
Founded in 2022, City Football Group was founded by Isaac Yew and Clover Yio to create a global football entity.
The group first purchased Daau City FC in 2021 under the name of Isaac Yew and was soon transferred to the City Football Group. They then opted to purchase Belaov City in the same year.
Principles and Interests
Youth and Player Development
As one of the founding targets, one of the group's ultimate target was to improve youth facilities around Eura. Academies such as the Daau City Football Group Academy and the Krasnovlac City Football Group Academy have been founded in their respective countries.
The group is renowned for selling talented youth players for high prices and buying them at a low price when they're young. This prompted the founders to go on and purchase smallter clubs around the globe, for example Cezero Negrata in the Daau League was purchased.
Collaboration between clubs
One of the core philosophies of City Football Group since its inception has been the mutual supporting of clubs through combined scouting and player sharing. While virtually all large clubs operate an international scouting network, financial demands make it impossible to access local knowledge in foreign countries to the same extent as a domestic club could. CFG clubs therefore provide invaluable services to each other by using their own local scouting networks to share information on players between clubs. With their combined knowledge, the group advertises that it has extensive information on half a million players around the world. Possessing such a network then allows the local clubs to sign players early in their development, safe in the knowledge that the range of clubs CFG owns means that they can be placed at any of a number of sides as their development continues and the need for other challenges arises.
CFG Owned Clubs
Daas City FC
CFG would purchase Daau City Council FC in 2021 and it would be renamed to Daau City Football Club and then Daas City Football Club.
The then manager Jorge would be sacked two months in due to poor results and the club's board of directors and chairman were changed within a month. Pipi Rodriguez would be hired as manager and is still serving as manager till the start of the 2023-24 season where Markus Nielsen was hired as manager for the Super League side. Following the CFG acquisition of the club, Daas City has won 2 domesti c trebles in a row from the 2022-23 season to the 2023-24 season with more predicted to come. The club's domestic success propelled an entry ticket into the FMF Champions' League and thus an increase in funding from CFG.
Ibrahim Yew (brother of Isaac Yew) would be voted as club chairman.
Cezero Negrata
Cezero Negrata would be transferred under CFGin 2021 to further improve football in Daau. The club currently has won 1 Southern Seragaan League title and has been promoted to the Daau League as of 2022.
CFG sold the club to Dauian businessman Adam West in the summer of 2024, ending the groups partnership with the club.
UPB-MyTeam FC
UPB-MyTeam was sold to CFG for Cr 500k in September 2022 with the club being the first Dauian owned club in Phinbella.
Pretaling Daya City
Pretaling Daya City was acquired by CFG in September 2022 alongside UPB-MyTeam as the group's roadmap into Mataba. The team has since signed multiple former Daas City players and will look to challenge the league.
