City Football Group
| File:City Football Group logo.png | |
| 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 | 1,229 |
| Subsidiaries |
Daau City FC (100%) Belaov City (100%) Cezero Negrata (100%) UPB-MyTeam FC (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.
