It has been over a week since news emerged that the City Football Group, owned by Sheikh Mansour bin Zayed Al Nahyan, could add a little known Uruguayan club to its ranks – Club Atlético Torque, who play in Uruguay’s second division.
After news broke of this expected deal in the British press, further details surfaced from local sources in Uruguay, including progress so far and plans to use the Estadio Juan Antonio Lavalleja in the city of Minas.
The benefits for Manchester City are clear – it will give them a commercial hub and developmental ground for local talents in South America, from where they can be imported to Europe and even sent to another CFG member, New York City FC, as Venezuelan signing, Yangel Herrera, recently was.
Today comes news from Bloomberg, via a source who did not wish to be identified, that the purchase of Torque could be closed and announced by the end of this week.
A City Football Group spokeswoman declined to comment, as did Javier Noblega, an official at Torque, but a deal appears to be close now.
Club Atlético Torque will join Manchester City, New York City FC (USA), Melbourne City (Australia) and Yokohama F. Marinos (Japan) in the City Football Group.