Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13282)           
UK only International

Manchester City owner CFG valued at £3.73bn following US investment deal

By Tom Walker    27 Nov 2019

City Football Group (CFG), owner of Manchester City FC and a host of other clubs around the world, has secured a major investment deal with US-based tech investment giant Silver Lake.

Silver Lake has signed a definitive agreement to make a US$500m equity investment, equivalent to around 10 per cent of the company’s worldwide businesses.

Proceeds from the investment will be used to fund international business growth opportunities and develop further CFG technology and infrastructure assets.

The deal values CFG at US$4.8bn (£3.73bn) – breaking the record in global sports valuations.

It has a stake in seven football clubs across the world, including in the US, Australia, Japan and China.

Following the deal, Silver Lake became the second major partner in the group. Chinese institutional investors – led by China’s leading media and entertainment conglomerate CMC – hold around 12 per cent of CFG's equity. No existing CFG shareholders are selling equity as part of the Silver Lake deal.

"Silver Lake is a global leader in technology investing and their investment in CFG will provide us with opportunities for further growth," said Khaldoon Al Mubarak, chair of CFG.

"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.

"We welcome the opportunity to work with Egon Durban (Managing Partner and Managing Director) and the Silver Lake team and its network to facilitate the global growth and deepening of CFG Club fan-bases and the development of our business as a whole."

The deal values CFG at US$4.8bn (£3.73bn) / Shutterstock
Manchester City  CFG  City Football Group 
Sign up for FREE ezines & magazines
Related news
Sports jobs
Everyone Active
featured job

Swimming Teachers

Everyone Active
Salary: Competitive hourly rate
Job location: Nationwide

General Manager

Coach Gyms
Salary: £30K Basic circa
Location: Leeds, UK

Managing Director - LACC

Harrogate Borough Council
Salary: Grade ACE: £69,871 - £74,307 per annum
Location: Harrogate, UK

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Middlesbrough, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Rossmore, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: St Albans, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Alton, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Fleet, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: West Lindsey, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Washington, United Kingdom
recruiting with sports management

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Stratford Upon Avon, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Watford, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Nuneaton, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Bordon, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Blandford Forum, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Spelthorne, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Leicester, United Kingdom
recruiting with sports management

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Watford, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Blaby, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Bishop's Stortford, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Slough, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Dunstable, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Plymouth, United Kingdom

General Manager

truGym
Salary: Competitive
Location: Gateshead, UK
training with sports management

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Cotswold, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Stroud, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Poole, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Chichester, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Ealing, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Ealing, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Ashfield, United Kingdom
lifeguard jobs  swimming teacher jobs  recreation assistant jobs  apprenticeships jobs  personal trainer jobs  Gymnastics Coach jobs  duty manager jobs  assistant manager jobs  general manager jobs  assistant general manager jobs  Catering Assistant jobs  Customer Services Advisor jobs 
More jobs

Catalogue Gallery

Video Gallery

British Military Fitness
BMF with Bear Grylls has put up a £1m fund to get personal trainers, fitness instructors and class instructors back to work and earning money.
Visit website
More videos

Company profile

Company profile: MiE FitQuest
FitQuest (MiE Medical Research) are specialists in the field of human performance measurement. We have developed advanced measurement equipment including human telemetry, EMG, myometry, gait, goniometry, ECG & heart rate variability, providing us with a unique understanding of human physical performance and it’s measurement.
View full profile >
More company profiles

Featured Supplier

The rise of the training pod
Belfast based gym equipment manufacturer BLK BOX designs, engineers and fabricates a range of rigs for the most elite, performance-driven organisations globally.
View full details >
More featured suppliers

Property & Tenders

Location: Waltham Abbey, Essex
Company: Lee Valley Regional Park Authority
More properties & tenders

Diary dates

21-24 Sep 2020
Loews Coronado Bay Resort, Coronado, United States
21-24 Sep 2020
Messe Stuttgart, Germany
22-23 Sep 2020
Heythrop Park, United Kingdom
17-23 Oct 2020
Pinggu, Beijing, China
More diary dates