Manchester City deal a milestone in PE sport foray

Sam Kerr

November 28, 2019 03:45 pm

Manchester City's players and staff celebrate on stage in front of the fans in the crowd during the celebrations at the Etihad Stadium after securing the Premier League title earlier in the day with their win at Brighton and Hove Albion. | Anthony Devlin/PA Archive/PA Images

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.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login

✔ 4,000 annual insights
✔ 700+ notes and long-form analyses
✔ 4 capital markets databases
✔ Daily newsletters across markets and asset classes
✔ 2 weekly podcasts

Topics

Equity IPOs Equity UK Europe EMEA

SK

Sam Kerr