Man City stake sale brings record-breaking valuation

US investment firm Silver Lake has concluded a deal worth $500m for 10% of Manchester City’s parent company

Khaldoon Al Mubarak and Pep Guardiola
Khaldoon Al Mubarak and Pep Guardiola pose with the Premier League trophy
(Image credit: 2018 Getty Images)

Manchester City’s Emirati owners have agreed to sell a 10% stake in their international football group to US private equity firm Silver Lake for £389.4m, a deal that values the holding company at $4.8bn.

The valuation means City Football Group (CFG) - the Abu Dhabi-controlled business that owns Manchester City FC, along with a collection of other football clubs internationally - becomes one of the highest-valued sporting franchises in history.

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William Gritten

William Gritten is a London-born, New York-based strategist and writer focusing on politics and international affairs.