Manchester City deal a milestone in PE sport foray

By Sam Kerr
28 Nov 2019

Private equity firm Silver Lake acquired a 10% stake in City Football Group (CFG), the holding company that owns Manchester City FC, for $500m on Wednesday. The deal has been greeted as a watershed in the way football clubs are financed and is tipped to spark copycat deals.

GlobalCapital understands from a source with knowledge of the transaction that Silver Lake initiated the deal with CFG.

But it is not the first instance of private equity involvement in sport. CVC is an investor in England's Premiership Rugby. It has made investments in Formula One in the past, ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.