Manchester City owners land $500m CFG investment

Manchester City’s owners have received a $500million cash injection from a United States-based private equity firm. An agreement has been reached that will see technology investors Silver Lake pay the sum, equivalent to around £390million, to acquire just over 10 per cent of City Football Group (CFG). The deal values the Abu Dhabi-controlled company at $4.8billion (£3.74billion). […]