As initially reported by L’Équipe, Get French Football News can confirm that City Football Group, who own Manchester City, are in advanced negotiations to acquire Ligue 2 club AS Nancy Lorraine.
Negotiations over a deal are at an extremely advanced stage, with two sources refusing to deny this fact when contacted by Get French Football News tonight.
City Football Group, who already own New York City FC in the United States, a minority stake in Girona (Spain) and Melbourne City FC in Australia, are on the verge of concluding a deal to buy Nancy, which would see current president Jacques Rousselot remain in charge for the next two seasons.
Sources close to Get French Football News have indicated that talks over the possible deal have been underway for the best part of the year, beginning early last summer.
City Football Group are looking for a way to augment their existing influence on European football in order to remain an unstoppable force, despite the recent UEFA decision to ban their premier club, Manchester City, from the Champions’ League for the next two campaigns.