Tag Archives: Khaldoon Al Mubarak

Pep Guardiola signs new contract with Manchester City

Manchester City manager Pep Guardiola has signed a new two- year deal with the club that will extend his stay until the summer of 2023.

The former Spanish and Barcelona defensive midfielder has been in charge of the ‘Sky Blues’ since 2016 and his previous deal was set to expire at the end of the season. 

During that period Guardiola has guided City to two Premier League titles, the FA Cup and three League Cups.  While to date the team has won 181 of the 245 games that the 49-year-old has taken charge of, which equates to an impressive win ratio of 73.87%.

Indeed, Guardiola’s five-year commitment with City is already the longest he has stayed at a football club since becoming a manager in 2008. 

If he were to see out the new contract, the Spaniard would become City’s second longest serving post-war manager, behind Les McDowall, who managed the club between 1950 and 1963.

Speaking to the club website, Guardiola said:

“Ever since I arrived at Manchester City I have been made to feel so welcome to the club and in the city itself – from the players, the staff, the supporters, the people of Manchester and the Chairman and the Owner. 

“Since then we have achieved a great deal together, scored goals, won games and trophies and are all very proud of that success. 

“The challenge for us is to continue improving and evolving, and I am very excited about helping Manchester City do that.”

Chairman Khaldoon Al Mubarak, meanwhile added:

“Pep’s contract extension is the natural next step in a journey which has evolved over many years.”

Record as manager

In his 11 full seasons as manager, Guardiola has in total won an incredible 29 major trophies.  During his four year stint with Barcelona he won a grand total of 14, which included the club’s first ever treble in 2009. 

After taking a year out of the game, Guardiola went to German side Bayern Munich where he won three Bundesliga titles and two DFB-Pokal Cups. 

Then in 2016 Guardiola arrived at Manchester City and after finishing third in his first season in charge, the 2017-18 campaign saw him set a new Premier League points record of 100 points on his way to winning his first title with the club.

The following year, Guardiola would guide the Citizens to another title, making them the first side to win back-to-back Premier League trophies this decade. 

What will the contract extension mean for City?

The news that Guardiola has now committed his future to the club will clearly delight City fans and the team can now focus on their quest to secure their first ever Champions League title. 

This is something that Guardiola will clearly be determined to achieve as he has not won the biggest prize in European football since 2011 with Barcelona. 

While there is also the question of whether Lionel Messi will arrive at the Ethiad in the summer of 2021? The Argentine was blocked from leaving the Nou Camp this year and with Messi’s contract officially expiring the prospect of him moving to Manchester is certainly looking more and more likely. 

Indeed, a reunion with the manager who he won so much with must be an exciting proposition for the six-time Ballon d’Or winner and truth be told, would be terrific to witness for fans of the English Premier League.  

Will Guardiola finally be able to lead City to Champions League glory this season? Will Messi join the club in the summer? Feel free to give us your thoughts in the comments below….

Manchester City owners add Mumbai City to CFG network

“We believe that this investment will deliver transformative benefits to Mumbai City FC, to City Football Group and to Indian Football as a whole.”

Manchester City owners City Football Group (CFG) have announced the purchase of a majority stake in Mumbai City FC.

It comes just a day after CFG announced the sale of a 10% stake to American technology investment firm Silver Lake for $500 million, valuing the group at just short of $5 billion.

The Indian Super League side become the eighth football club involved in the group’s network, also joining Melbourne City in Australia, New York City in the USA, Yokohama F. Marinos in Japan, Club Atletico Torque in Uruguay, Girona in Spain and Sichuan Jiuniu in China.

It was announced on Thursday morning that a 65 per cent share has been acquired, while the club’s existing shareholders – including actor and film producer Ranbir Kapoor – will hold the remaining shares.

Khaldoon Al Mubarak, chairman of CFG, said in a statement that the group believes the investment will provide “transformative benefits” for Mumbai City, CFG and to Indian football as a whole.

He added: “City Football Group is committed to the future of football in India and to the potential for Mumbai City FC within that future.

“We are very much looking forward to playing an active role in Mumbai City FC’s fan and local communities, and working with our co-owners to further develop the Club as quickly as possible.”

While the deal provides clear benefits for Mumabi City and Indian football, it is also likely to benefit the rest of the CFG network, in particular flagship club Man City.

With the Premier League champions unable to play in countries such as India or the USA every week, CFG provides an opportunity to maintain franchises of the brand in such locations, enabling a constant market presence.

Deloitte’s Fernando Pons has stated that the CFG model is a leading example of ‘glocalisation’, a concept which implies adapting global products for local markets.

And while Man City merchandise isn’t sold by other CFG clubs – so that supporters of different British teams are not alienated – Pons states that followers of subsidiaries will almost certainly become MCFC fans.

A wider network of clubs improves their capabilities in terms of supporter base, and the larger their fan base the more revenue CFG will produce. With that in mind, it is unlikely that the group will stop at Mumbai, and – according to reports – CFG could make a move in Brazil and Mexico next.