Premier League

City buys Australia's Melbourne Heart

Aziz Behich of the Heart throws the ball into play during the round 15 A-League match between Melbourne Heart and the Newcastle Jets at AAMI Park
Manchester City completed a takeover for struggling A-League team Melbourne Heart.
Share This Story

   
 

HEAR US OUT!

FOX Soccer's Blog offers unique coverage of the world game. Join us.

Premier League club Manchester City has taken control of struggling A-League club the Melbourne Heart, purchasing its license in partnership with Australian National Rugby League side the Melbourne Storm.

City have acquired a majority stake in the Australian outfit, with the owners of rugby league team Melbourne Storm of the NRL also holding a 20 per cent share in their neighbors. The takeover of Heart follows City's establishment of New York City Football Club in the United States last year, with the team entering Major League Soccer in 2015.

"We are excited about the opportunity to make Melbourne Heart one of the most successful football clubs in Australia and throughout the region," City CEO Ferran Soriano said in a statement on the club's official website. "We believe the strong sports culture of Melbourne combined with the football and commercial expertise within our consortium will make for a powerful combination both on and off the pitch. The first thing we must do is take the time to listen and learn and then to develop our strategy for strengthening the club over time."

Heart currently sit bottom of the A-League with just one league win all season and boast former Leeds forward Harry Kewell and ex-Coventry and Barnsley striker Michael Mifsud amongst their ranks. Bart Campbell, who is chairman of the Storm and the Heart Consortium Group said: "Partnering with City to co-invest in Melbourne Heart will further strengthen the sporting landscape in one of the world's greatest cities and bring a range of new capabilities to AAMI Park.

TOWERS OF STRENGTH

Check which clubs are trending in our Power Rankings list this week.

"We are excited to be a part of this unique project. It is our shared ambition to replicate the model that City created with the New York Yankees around New York City FC and for both organisations to benefit as a result."

The A-League has attracted the likes of former Italy international Alessandro Del Piero and ex-England striker Emile Heskey to ply their trade Down Under in recent years, and Football Federation Australia CEO David Gallop believes City's involvement can only mean bigger and better things for Australian football.

"Football has moved into the mainstream of Australian sport and is ideally placed to benefit from the boom in football across Asia," he said. "Manchester City and their Australian partners have made a strategic investment and I welcome them to our growing competition. It's another sign that the world is taking notice of Australian football.

Gallop added: "Manchester City and their partners will bring a high level of expertise in football and sports business matters and that can only strengthen the Melbourne Heart and the Hyundai A-League as a whole."

Information from The Associated Press was used in this report.

Member Comments

Please note by clicking on "Post comment" you acknowledge that you have read the Terms of Use and the comment you are posting is in compliance with such terms. Be Polite. Inappropriate posts may be removed by the moderator.

powered by

SOCCER Videos

Pochettino, Spurs aiming for Premier League title Posted: Jul 19, 2014
Tottenham boss Mauricio Pochettino reveals that his ultimate challenge is to bri...

Yaya Toure set to stay at Manchester City Posted: Jul 19, 2014
Yaya Toure has put a summer of transfer speculation behind him and is set to sta...

Rio Ferdinand completes QPR move Posted: Jul 18, 2014
Former Manchester United defender Rio Ferdinand has completed his move to Queens...

Van Gaal knows importance of Manchester United Posted: Jul 17, 2014
Louis Van Gaal hopes to full fill expectations as new Manchester United manager.

Chelsea agree fee for Filipe Luis Posted: Jul 17, 2014
Brazilian defender, Filipe Luis, is set to join Chelsea with a deal completed su...