Announced
Completed
Financials
Tags
Friendly
Private
Acquisition
Minority
United Kingdom
Single Bidder
Private Equity
football club
soccer club
Entertainment
Completed
Synopsis
Silver Lake, American private equity firm, completed the acquisition of a 10% stake in City Football Group, which through its subsidiaries, owns and operates football-related clubs and businesses, for £389m ($485m). "We and Silver Lake share the strong belief in the opportunities being presented by the convergence of entertainment, sports and technology and the resulting ability for CFG to generate long-term growth and new revenue streams globally," Khaldoon Al Mubarak, CFG chairman.
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