
The City Football Group (CFG), owners of Manchester City, is divesting its 65% stake in Indian Super League club Mumbai City FC. CFG acquired the stake in 2019, aiming to benefit Indian football, but is now exiting due to prolonged league instability and the expiration of the AIFF's agreement with FSDL. Day-to-day operations of Mumbai City FC remain unaffected, with ownership returning to Mumbai City Football India Pvt Ltd, co-owned by Ranbir Kapoor and Bimal Parekh. The move highlights ongoing uncertainty in Indian football's domestic structure.