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=|subsid=[[ | {{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=[[DTICT Capital]] (90%)<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 | '''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 two organisations; of which 90% is majority owned by the DTICT Capital. Another 10% is held by minority shareholders following the collapse of Krasnovlac. | ||
==History== | ==History== | ||
Founded in 2022, City Football Group was founded by Isaac Yew and Clover Yio to create a global football entity. | 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. | 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. [[East Coast United|Cezero Negrata]] was also transferred under the holding group later that year. Phinbellan side [[Urang Pulau Bodoh-MyTeam FC|UPB-MyTeam]] and Liga Mataba challengers [[Pretaling Daya City]] were also acquired by the consortium for a combined Cr 2.5m. | ||
The club would release all its assets in Krasnovlac following the collapse of the nation, combining a loss of Cr 21m due to the expenses of Belaov City and their respective development sides. The facilities were sold for an undisclosed fee to the local government and confirmed the group's departure from Krasnovlac. By 2024 the group would then sell 90% of rights to the Cezero Negrata license to businessman [[Adam West]] for another undisclosed fee and kept 10% to the group. The club was renamed to [[East Coast United]] and remained as a partnership club to CFG. The group purchased [[B League 1]] side [[Dien Noi FC]] for Cr 8.2m as they looked to enter the Banhnamese market. | |||
=== Feud between CFG and Kea === | |||
==Principles and Interests== | ==Principles and Interests== | ||
| Line 20: | Line 24: | ||
==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. Ibrahim Yew (brother of Isaac Yew) would be voted as club chairman. | ||
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. | ||
=== Dien Noi FC === | |||
=== | ===East Coast United=== | ||
The | Cezero Negrata would be transferred under CFG in 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, rendering the club as a partner club with the group. | |||
===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 15:11, 7 February 2025
| Type | Holding company |
|---|---|
| Industry |
Sports Sports services |
| Founder(s) |
Isaac Yew Clover Yio |
| Owner(s) |
DTICT Capital (90%) 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 two organisations; of which 90% is majority owned by the DTICT Capital. Another 10% is held by minority shareholders following the collapse of Krasnovlac.
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. Cezero Negrata was also transferred under the holding group later that year. Phinbellan side UPB-MyTeam and Liga Mataba challengers Pretaling Daya City were also acquired by the consortium for a combined Cr 2.5m.
The club would release all its assets in Krasnovlac following the collapse of the nation, combining a loss of Cr 21m due to the expenses of Belaov City and their respective development sides. The facilities were sold for an undisclosed fee to the local government and confirmed the group's departure from Krasnovlac. By 2024 the group would then sell 90% of rights to the Cezero Negrata license to businessman Adam West for another undisclosed fee and kept 10% to the group. The club was renamed to East Coast United and remained as a partnership club to CFG. The group purchased B League 1 side Dien Noi FC for Cr 8.2m as they looked to enter the Banhnamese market.
Feud between CFG and Kea
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. Ibrahim Yew (brother of Isaac Yew) would be voted as club chairman.
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.
Dien Noi FC
East Coast United
Cezero Negrata would be transferred under CFG in 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, rendering the club as a partner club with the group.
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.
