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ESPN FC  By ESPN staff

Manchester City owners could buy more clubs, eye China investment

Shaka Hislop defends his updated power rankings, which see Barcelona ascend to the top after Bayern Munich's loss to Leipzig.

The holding group that owns Manchester City could look to acquire more clubs in countries including China, its chief commercial officer Tom Glick has told CNBC.

City, the runaway Premier League leaders, are owned by City Football Group, of which Abu Dhabi United Group owns 87 percent and the China Media Capital consortium the remaining 13.

City Football Group also owns MLS side New York City FC, Australian A-League Melbourne City, Club Atletico Torque in Uruguay, a joint majority stake in Liga side Girona and a minority holding in Japan's Yokohama F. Marinos.

"I think it's very likely we'll do some more [acquisitions] and we're looking at a number of places across the globe," Glick said.

"There are a number of very interesting markets and healthy leagues with great upsides so we're looking at a number of places, including places in Asia."

Chinese President Xi Jinping is backing initiatives to ensure football keeps growing in China with a view to hosting a World Cup.

"There's a huge push and an ambition from the government," Glick said.

"The league is already a very healthy league with good attendances, good television viewership, so I think it's a really exciting time right now for China and that's one of the markets that we're there on the ground, investing."

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