Saudi Pro League champions Al-Hilal as well as Al-Ahli and Al-Nassr confirmed their berths in the knockout rounds in West Asia late last year, and the big-spending trio have since been joined by Qatar's Al-Sadd and Al Wasl of the UAE.
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City Football Group will be a 65 per cent majority stakeholder of the club, alongside existing shareholders, actor Ranbir Kapoor and Bimal Parekh, who will keep the remaining 35 per cent.
Yokohama beat Shandong to book Asian Champions League last 16 berth
Al-Nassr are one of 40 clubs from 20 leagues across the confederation drawn in 10 groups to face one another from Monday, with only the winners guaranteed to advance to the knockout rounds in the quest for the top prize of US$4 million.
'There might be other opportunities in Asia. We've been looking at India for nearly two years now. I'd say this year we'll end up doing an investment in India'
City Football Group Chief Executive Officer Ferran Soriano said there is no doubt that India will become a major football nation in the coming years.
Manchester City's Abu Dhabi-controlled owner has agreed to sell a $500 million stake to US private equity firm Silver Lake, making it the world's most valuable soccer group with a $4.8 billion price tag.
Japanese Prime Minister Shinzo Abe on Wednesday called for sports and cultural events to be scrapped or curtailed for two weeks as the country battles to stem coronavirus contagion amid mounting concerns the 2020 Tokyo Olympics could be cancelled. Abe's call came after a Tokyo baseball team said it would play games in an empty stadium this weekend, while two businesses in central Tokyo reported confirmed cases of infection a day after the government urged companies to recommend staff consider working from home.
UEFA announced in a statement that City had committed "serious breaches" of the rules while the Premier League club swiftly said on their website that they will appeal the decision to the Lausanne-based Court of Arbitration for Sport (CAS).
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Rediff.com lists the footballers who died while playing, in the last decade.
