AFP, Thursday, January 23, 2014 3:18 PM
Manchester City, which last year invested in 2015 MLS expansion franchise New York City FC, has acquired struggling Australian A-League side Melbourne Heart.
Owned by Abu Dhabi billionaire
Sheikh Mansour bin Zayed Al Nahyan
, Man City hopes to revive the Melbourne team that languishes at the bottom of the A-League standings
The new owners paid $9.7 million
for the acquisition, Australian Associated Press reported.
Read the whole story at AFP »