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Manchester City group worth $4.8 billion after Silver Lake buy 10 percent - English Premier League News
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ESPN - 2019/11/26
Kevin de Bruyne and Riyad Mahrez lead Man City to a 2-1 win over Chelsea after an early setback. Ale Moreno says Man City's comeback win over Chelsea kept the door to the Premier League title slightly open. The owner of English Premier League champions Man City has sold a $500 million stake to private equity firm Silver Lake, valuing Abu Dhabi-controlled City Football Group (CFG) at $4.8 billion. The Financial Times were first to report the deal on Wednesday. Silver Lake will buy just over 10% of CFG, which owns Man City and six other football clubs worldwide, including New York City FC in MLS and Melbourne City in the Australian A-League. "Silver Lake is a global leader in technology... - Read more at here