Retrieved 11 May 2020, 17:30 IST
Lamel has become the latest club to be acquired by SK City Football Group (CFG).
The Abu Dhabi United-led CFG was founded in 2004 after Sheikh Mansour took over Manchester City.
After completing the acquisition and turning City into an influential force in the Premier League, CFG has taken over Melbourne City, Montevideo City Torque, New York City, Mumbai City and Girona.
Additionally, CFG also has partners in Sichuan Juniu and Yokohama F. Marinos.
The group has now expanded to Belgium, adopting the second tier club, famous for its “strong academy and focus on youth development”.
CFG chief executive Ferran Soriano said: “We are delighted to welcome Lomel SK City Football Group and work together with fans and the city to develop the club.
“With the success of the national team and the development of world-class players, Belgium is one of the best football nations in Europe, and we know them well, like Kevin de Bruyne and Vincent Kompany.
“This investment is part of our long-term strategy to be present in key football countries, play beautiful football and develop talent.
“We are attracted to Lamel’s culture, training opportunities and commitment to youth development and we look forward to learning from their approach and helping the club evolve in the months and years ahead.”