Manchester City owners will take their global club base to 12 with the purchase of Bahia in Brazil.
Sportsmail understand a deal to take over the second division side is at an advanced stage. Important meetings are scheduled to take place this week to ratify an agreement.
It is the City Football Group’s (CFG) third foray into South America. They have a stake in Uruguay’s Montevideo City Torque while also maintaining a partnership with Club Bolivar in Bolivia.
Bahia, whose president attended City’s Champions League quarter-finals v Atletico Madrid at the Etihad Stadium in April, would offer CFG another foothold in South America as they seek to strengthen ties with the region.
The group have been aggressive in recruiting young players from the continent, signing talent for players like Lommel in Belgium.
Julian Alvarez was considered a breakaway and joined City from River Plate for £14million on the advice of scout and Pep Guardiola’s confidante Joan Patsy.
The youngest club under the CFA umbrella, Italian Serie B club Palermo are in Manchester during the international break and are using City’s facilities to train. Palermo are set to play Nottingham Forest in a friendly at City’s training ground later this week.