Manchester City confirm purchase of majority stake in Girona
Pep Guardiola's brother Pere has created the Girona Football Group and assumed a 44.·% stake of the newly-promoted LaLiga club.
Manchester City's parent company have bought a major share in promoted Spanish Liga side Girona, it was announced on Wednesday.
Guardiola brothers in arms
The 44.3 percent stake purchased by the City Football Group matches the share in the Catalan club held by the Girona Football Group, a company owned by Pere Guardiola, the brother of Pep Guardiola who is the coach of the Premier League giants.
"City Football Group and Girona Football Group are the majority shareholders, and the new owners have set themselves the objective of maintaining, consolidating and expanding Girona to permanently establish itself in LaLiga," said a statement.
Girona to benefit from Man City loanees
The value of the agreement was not disclosed but it is understood that the club's new shareholders bought the stake previously owned by French company TVSE Futbol.
The new agreement, which has already received the green light of the Spanish Sports Ministry, allows Girona to loan five players from Manchester City this season.
