Man City adds scrappy player to financial roster

📆 11/27/2019 4:44 PM
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Silver Lake is buying about 10% of Manchester City's owner, valuing the global soccer conglomerate at an eye-popping $4.8 bln. But victory on the pitch won’t be enough to satisfy the buyout shop’s investment goals, says ClaraDFMarques:

U.S.-based private equity firm Silver Lake has agreed to invest $500 million in Manchester City’s owner in a deal that values City Football Group at $4.8 billion. Silver Lake Managing Partner Egon Durban will join the company’s board.

In 2015, China Media Capital led a consortium that paid $400 million for a 13% stake, valuing City Football Group at more than $3 billion. Silver Lake will own just over 10% of the company and Chinese investors led by China Media Capital about 12%. Sheikh Mansour bin Zayed al Nahyan’s Abu Dhabi United Group will hold the rest.

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Man City owner scores $4.8B price tag with stake saleUS private equity firm Silver Lake will buy just over 10 percent of City Football Group, which owns reigning Premier League champions Manchester City, as well as teams in the US, Australia and China, the companies said. 4.8 Milyar olmasın ?
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