According to the Madrid-based newspaper Expansión, City Football Group (CFG) is set to purchase the newly promoted La Liga side Girona FC as a part of their growing global network.
Girona finished second in Segunda Division this past season to reach La Liga for the first time ever in their 84 year history. The small town club, based in Catalonia, is currently owned by Media Base Sport -- a company which is being led by Pep Guardiola's brother Pere.
There has already been a strong relationship between Girona and Manchester City over the years. The Spanish side has taken in plenty of City players on loan, such as Pablo Maffeo, Pablo Mari and Angelino. After reaching the promotion to the top flight, it has been speculated that Girona are preparing to take in seven more loan players.
The two clubs are now about to get closer than ever. Back in 2015, when Pere's company bought the club and solved its £3 million debt, there was an agreement which will allow CFG to acquire Girona once they manage to reach La Liga.
The group already owns many football clubs across the world, including the Citizens, New York City FC, Melbourne City, Yokohama F. Marinos from Japan, and Club Atlético Torque from Uruguay.
Should they seal this deal though, it will provide massive benefits to both parties. City will be able to send young players, who are not ready for first-team football, to get valuable experience in one of the best leagues in the world.
Girona, on the other hand, will reportedly see their budget increase by five times to €50m. Not only will they be able to bring in quality youngsters from the Premier League giants for free, but they will also be given enough money from CFG to strengthen their squad.