Manchester City owner to sell $500 million stake valuing itself at $4.8 billion: FT

November 27, 2019 admin Business News Comments Off on Manchester City owner to sell $500 million stake valuing itself at $4.8 billion: FT

The owner of English Premier League champions Manchester City is selling a $500 million stake to private equity firm Silver Lake, valuing the soccer club’s owner at $4.8 billion, the Financial Times reported on Wednesday, citing people with knowledge of the deal.

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Source:: Reuters – Business News