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  4. Mumbai City FC
Mumbai City FC logo
Sports

Who Owns Mumbai City FC?

Mumbai City FC is owned by City Football Group (CFG), controlled by Sheikh Mansour bin Zayed Al Nahyan through Abu Dhabi United Group. CFG acquired the club in 2018. Founded in 2014 as a founding franchise of the Indian Super League, Mumbai City plays at Mumbai Football Arena and has won two ISL League Shields and two ISL Cup titles.

Parent Company

City Football Group

Acquired

2018

Status

Private

Headquarters

Mumbai, Maharashtra, India

Mumbai City FC Timeline

2013
City Football Group

Parent company established in Manchester, United Kingdom

Company Founded
2014

Mumbai City FC

Founded by Indian Super League

Founded
2018
Acquired by City Football Group

City Football Group acquired Mumbai City FC

Acquired
mass marketIndiaOfficial Website

Who Owns Mumbai City FC?

  • Parent Company: City Football Group
  • Ownership Type: Wholly owned
  • Acquisition Year: 2018
  • Company Type: Privately Held
BrandParent CompanyOwnership Type
Mumbai City FCCity Football GroupWholly owned

Where to Buy

Disclosure: We may earn commission from purchases
AmazonMumbai City FC on Amazon

History of Mumbai City FC

  • Founded: 2014
  • Founders: Indian Super League
  • Acquired by City Football Group: 2018

Mumbai City FC was founded in 2014 as one of the eight founding franchises of the Indian Super League. The ISL was established by the All India Football Federation and its commercial partner Football Sports Development Limited (a subsidiary of Reliance Industries) to grow professional football in India. The inaugural ISL season ran from October to December 2014.

In the early seasons, Mumbai City FC had mixed results. The club reached the playoffs in the inaugural season but struggled with consistency in subsequent years. The team played at the DY Patil Stadium initially before moving to Mumbai Football Arena as its primary home venue.

City Football Group acquired a 65% stake in Mumbai City FC in November 2018. The acquisition was CFG's first entry into the Indian football market and its seventh club worldwide. Following the acquisition, CFG restructured the club's operations, bringing in coaching staff with CFG experience and investing in player recruitment.

Under CFG ownership, Mumbai City won its first ISL League Shield and ISL Cup double in the 2020-21 season under head coach Sergio Lobera. The club set a new ISL points record (46 points) and defeated ATK Mohun Bagan in the final.

The 2022-23 season was historically dominant. Mumbai City won the League Shield with 46 points, becoming the quickest Shield winners in ISL history. The club also participated in the AFC Champions League, scoring a historic win against Al-Quwa Al-Jawiya.

In the 2023-24 season, Mumbai City won the ISL Cup, defeating Mohun Bagan Super Giant 3-1 in the final. This gave the club its second ISL Cup title and cemented its position as one of the most successful clubs in ISL history.

About City Football Group

Who owns City Football Group?
City Football Group is majority owned by Newton Investment and Development LLC, fully owned by Sheikh Mansour bin Zayed Al Nahyan, a member of the Abu Dhabi royal family and Deputy Prime Minister of the UAE. Silver Lake Partners, a US-based technology investment firm, holds a minority stake of nearly 17%. Khaldoon Al Mubarak serves as Founding Chairman.

Is City Football Group publicly traded?
No. City Football Group is a privately held company and is not listed on any stock exchange. Financial results are filed annually with UK Companies House.

How many clubs does City Football Group own?
CFG owns 11 football clubs across five continents: Manchester City FC, New York City FC, Melbourne City FC, Girona FC (held in independent blind trust), Mumbai City FC, Montevideo City Torque, Lommel SK, ESTAC Troyes, Palermo FC, Esporte Clube Bahia, and Shenzhen Peng City. CFG also holds a minority stake in Yokohama F. Marinos in Japan.

What is City Football Group's revenue?
For the 2024-25 financial year (ended June 30, 2025), CFG reported total revenue of £888 million, down from £933 million in 2023-24. The decline was primarily due to the deconsolidation of Girona FC. Including Girona, revenue would have been £977.1 million. Manchester City contributed £694.1 million of the total. CFG reported a pre-tax loss of £292.3 million.

What charges does Manchester City face?
Manchester City faces 115 charges from the Premier League related to alleged breaches of financial rules covering 2009 to 2018. The charges include alleged failures to provide accurate financial information, alleged breaches of UEFA financial fair play rules, and alleged failures to cooperate with the investigation. Manchester City has denied all charges. A hearing concluded in December 2024, but no verdict has been announced as of mid-2026.

When did Manchester City win the Champions League?
Manchester City won its first UEFA Champions League title in June 2023, defeating Inter Milan 1-0 in Istanbul, completing a historic treble of Premier League, FA Cup, and Champions League in the same season. The club won four consecutive Premier League titles from 2021-22 to 2023-24.

  • Founded: 2013
  • Headquarters: Manchester, United Kingdom
  • Company Type: Privately Held
  • Revenue: £888 million (FY2024-25, year ended June 2025)
  • Employees: Approximately 2,000

Visit City Football Group website

View full company profile for City Football Group

Where Is Mumbai City FC Made / Based?

  • Headquarters: Mumbai, Maharashtra, India

Mumbai City FC Categories & Tags

FootballIslProfessional SportsSports TeamMumbaiIndia

Mumbai City FC Sustainability & Ethics

Mumbai City FC participates in City Football Group's "City in the Community" initiatives, which use football as a tool for social development. The club runs youth football programs in Mumbai, focusing on providing access to football for underserved communities.

Specific environmental sustainability data for Mumbai City FC is limited. CFG's broader sustainability commitments, including carbon reduction targets implemented at Manchester City, provide a framework that may be adapted for Mumbai City's operations. However, independently verified sustainability certifications for the club have not been documented.

The club has participated in CFG's global community programs, which support over 50,000 young people annually across the network. Mumbai City's community initiatives focus on youth football development, education, and health awareness in the Mumbai region.

Awards & Recognition

Mumbai City FC has achieved significant competitive success in the Indian Super League, making it one of the league's most decorated clubs.

ISL League Shield Wins: Mumbai City won the League Shield (awarded for finishing first in the regular season) twice: in the 2020-21 season and the 2022-23 season. The 2022-23 campaign was particularly dominant, with the club setting records for points tally and becoming the quickest Shield winners in ISL history.

ISL Cup Wins: The club has won the ISL Cup (awarded for winning the playoffs) twice: in the 2020-21 season, completing a League Shield and Cup double, and in the 2023-24 season, defeating Mohun Bagan Super Giant 3-1 in the final.

AFC Champions League Participation: Mumbai City FC represented India in the AFC Champions League in 2022 and 2023, gaining experience against top Asian clubs. The club scored a historic win against Al-Quwa Al-Jawiya of Iraq in the 2023 group stage, a significant achievement for Indian football on the continental stage.

Individual Player Awards: Several Mumbai City players have received individual ISL awards, including Golden Boot, Golden Glove, and Emerging Player of the League recognitions. The club's ability to attract and develop talent through CFG's network has contributed to these individual achievements.

Mumbai City FC Recalls & Controversies

Mumbai City FC has faced relatively few major controversies compared to other ISL franchises, though the club has navigated challenges common to Indian professional football.

Coaching Turnover: The club has changed head coaches several times, including the departure of Sergio Lobera after winning the 2020-21 double and Des Buckingham's departure mid-season in 2023-24. While coaching changes are common in professional football, the frequency has raised occasional questions about long-term strategic planning.

Foreign Player Quota Compliance: Like all ISL clubs, Mumbai City must comply with league regulations on foreign player quotas and salary caps. The club's access to CFG's global network has occasionally led to scrutiny regarding how the club manages foreign player signings within ISL constraints.

Competitive Balance Concerns: CFG's significant financial resources relative to other ISL franchises have led to discussions about competitive balance in the league. While Mumbai City operates within ISL salary cap regulations, the club's access to CFG's global infrastructure gives it advantages that some observers argue create an uneven playing field.

Stadium Capacity Limitations: Mumbai Football Arena's relatively small capacity (approximately 7,000) has been a point of discussion. The limited capacity restricts matchday revenue and fan access compared to larger venues used by some other ISL clubs.

Brands Owned by City Football Group

Girona FCSports

Girona FC

Owned by City Football Group

Spanish professional soccer team based in Girona, competing in La Liga.

soccerla-ligaprofessional-sports
Manchester CitySports

Manchester City

Owned by City Football Group

English professional football club based in Manchester, owned by City Football Group and competing in the Premier League.

footballpremier-leagueenglish-football
Melbourne City FCSports

Melbourne City FC

Owned by City Football Group

Australian professional football club based in Melbourne, competing in the A-League. Owned by City Football Group since 2014. Five-time A-League champions.

soccera-leagueprofessional-sports
New York City FCSports

New York City FC

Owned by City Football Group

Professional soccer club based in New York City, competing in Major League Soccer and owned by City Football Group.

soccermlsprofessional-sports
Yokohama F. MarinosSports

Yokohama F. Marinos

Owned by City Football Group

Japanese professional football club based in Yokohama, competing in the J1 League. Founded in 1972 as Nissan Motors FC, now owned by City Football Group.

footballj-leagueprofessional-sports
View all brands owned by City Football Group

Mumbai City FC Ownership: Pros & Cons

Advantages

  • +Access to CFG's global player development network and scouting infrastructure
  • +Financial resources and operational standards from one of football's largest ownership groups
  • +Player loan pathways across CFG clubs in multiple leagues
  • +Coaching expertise and methodologies developed at Manchester City
  • +Strong commercial position in India's largest media market

Considerations

  • -ISL salary cap and foreign player quota regulations limit roster flexibility
  • -Indian football market is still developing, with smaller revenues than top global leagues
  • -Stadium capacity at Mumbai Football Arena restricts matchday revenue
  • -Competitive balance concerns may lead to future regulatory restrictions on multi-club ownership
  • -Coaching turnover has created occasional questions about long-term strategic consistency

Frequently Asked Questions About Mumbai City FC

Sources & Further Reading

  • Mumbai City FC Official Website -
  • Wikipedia: Mumbai City FC -
  • Indian Super League Official Website -
  • City Football Group Official Website -
  • AFC Champions League -
  • All India Football Federation -
  • Wikipedia: List of Mumbai City FC Seasons -
  • Outlook India: ISL 2023-24 Coverage -

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Competitive Analysis

Market Positioning: Mumbai City FC competes with 6 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

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Paris Saint-Germain Football Club is owned by Qatar Sports Investments, a state owned company, a different structure than Mumbai City FC's parent.

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Last reviewed: July 14, 2026 · Reviewed by Who Brands Editorial Team