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Man City owners close to buying South American club

The City Football Group is set to add a Uruguayan club to its portfolio, which already includes teams in Manchester, New York and Melbourne

Manchester City's parent company is close to purchasing a club in Uruguay, Goal has learned.

The City Football Group (CFG) already owns Melbourne City and New York City, as well as holding a stake in Japanese side Yokohama F Marinos, and is keen to expand its network of clubs in both established and emerging football regions.

A new venture in China has been mooted since a consortium backed by the Chinese government invested £265m in Manchester City in December 2015.