City Football Group, owner of Premier League club Manchester City and several other football teams around the world, has become Oak View Group’s equal joint venture partner and investor in Co-op Live, a planned new 23,500-capacity venue in Manchester.

The arena will form part of the Etihad Campus, on which Manchester City’s Etihad Stadium sits. OVG and CFG will coordinate on jobs, sustainability and advancing the Etihad Campus as a global sport, leisure and entertainment destination.

CFG joins Harry Styles as an investor in Co-op Live, with the music star having acquired a minority stake in the venue in October last year.

Read more about this story via our sister website, TheStadiumBusiness.com.