Citigroup Makes Multi-Billion Bid For Atlético-MG, Says Website; see details

According to the information received from the portal GECity Football Group, which controls Manchester City, has made a R$1 billion bid for Atlético-MG.

In addition to closely monitoring Jewelery revealed in the Brazilian youth categoriesthe group that runs the mighty Manchester He also started dreaming The acquisition of a country club. According to information revealed by journalist Rodrigo Capello on the portal GEone of the goals is Atletico MG.

According to the publication, representatives City football group Make an offer to buy from Belo Horizonte Club, with Value in the region of 1 billion Brazilian Real. It will be agreed by 51% of potential SAF (Sociedad Anonyma de Futebol) de Gallo.

Also, according to the journalist, the values ​​did not move the Alvenegra football summit, which includes 2 billion Brazilian reals as necessary for the operation. Offer submitted by Soriano’s ferretsThe CEO of the British group in a meeting two weeks ago.

a City football group He is the largest shareholder in Manchester City (England), New York City (we), Melbourne (Australia) , Mumbai City FC (India), SK . Lommel (Belgium), ESTAC Troyesand (France) and Montevideo City Torque (Uruguay), in addition to having minority interests in Yokohama Marinos (Japan), Girona (Spain) and Sichuan Junyu (China).

According to the gate GEagglomeration Interested in expanding his football business in South America.

Atlético-MG’s position is not to rush into leading the talks, with 12-16 weeks To hold discussions on the matter, until a non-binding offer (something that does not create obligations) is signed.

Headed by Sergio Coelho, Atletico-MG has been significant in recent years with the contribution of the so-called 4’R, a group of advisors formed by Rubens Menin, Rafael Menin, Ricardo Guimarães and Renato Salvador, who have invested heavily in the club’s football.

According to Gallo’s last financial statement, in June 2021, Vingra’s debt is estimated at 1.3 billion Brazilian riyals.