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Mumbai City confirms exit of majority stakeholders City Football Group due to ISL's uncertainty
Mumbai City FC has announced that City Football Group has divested its entire stake in the club amid uncertainty over the Indian Super League's future. Founding partners Ranbir Kapoor and Bimal Parekh regain full control after CFG's successful partnership since 2019, which saw the club win four titles. The ISL faces turmoil due to commercial rights disputes.
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