Manchester City owners City Football Group (CFG) on Tuesday announced the launch of City Football Japan (CFJ), a Tokyo-based office that will oversee the company’s interests in the Asian nation.
According to the release posted on the club’s website, CFJ will work closely with J1 League side Yokohama F. Marinos, in whom CFG holds a 20 percent stake in.
“Creating City Football Japan will give us an opportunity to strengthen further our relationships with Nissan and with our colleagues at Yokohama F· Marinos, and help to support and develop Japanese football,” CFG Chief Executive Ferran Soriano said in the statement.
“It will also allow us to pursue greater commercial opportunities in Japan.”
The office will be headed by former Rakuten executive Takao Toshishige, who previously sat on the board of directors for J1 club Vissel Kobe.
“Creating City Football Japan is a huge opportunity to showcase City Football’s unique proposition in global football,” Toshishige said in a statement. “We are confident that we can work closely with Japanese businesses which want to reach both domestic and international audiences to promote their brands.”
The foundation of a local office clears one hurdle for CFG, who are thought to be pursuing a majority purchase of Marinos.