Manchester City buy A-League side Melbourne Heart

A Manchester City-led consortium acquires A-League outfit Melbourne Heart.

Manchester City have confirmed that they have entered an agreement to become co-owners of A-League side Melbourne Heart.

The Sky Blues will not be making any further announcements regarding the deal as the Australian team is in the middle of its domestic campaign.

"We are excited about the opportunity to make Melbourne Heart one of the most successful football clubs in Australia and throughout the region," said City chief executive Ferran Soriano.

"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."

City previously entered a deal that saw the club become co-owners of American outfit New York FC, who are due to enter Major League Soccer next year.

The group which owns rugby league's Melbourne Storm will take a 20% stake in Melbourne Heart as part of the agreement.

A general shot of a Premier League football ahead of the Premier League clash between Everton and West Ham United at Goodison Park on October 30, 2016
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TeamPWDLFAGDPTS
1Manchester CityMan City23202167175062
2Manchester UnitedMan Utd23155348163250
3Liverpool23138254282647
4Chelsea23145441162547
5Tottenham HotspurSpurs23135546212544
6Arsenal23116641301139
7Burnley239771920-134
8Leicester CityLeicester238783432231
9Everton2376102538-1327
10Watford2375113342-926
11West Ham UnitedWest Ham2367102941-1225
12Crystal Palace2367102133-1225
13Bournemouth2366112435-1124
14Huddersfield TownHuddersfield2366111939-2024
15Newcastle UnitedNewcastle2365122131-1023
16Brighton & Hove AlbionBrighton2358101729-1223
17Southampton2349102334-1121
18Stoke CityStoke2355132350-2720
19West Bromwich AlbionWest Brom23310101830-1219
20Swansea CitySwansea2345141435-2117
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