• Silver Lake deal values City
Football Group at £3.74bn• Ilkay Gündogan warns team to improve in Champions LeagueCity Football Group, the owner of
Manchester City, has sold a stake of just over 10% for $500m (£389.4m) to Silver Lake, an
American private equity firm. The deal values the business at $4.8bn (£3.74bn), establishing it as one of the most valuable sports companies in the world.
It puts CFG’s value more than $1bn ahead of the $3.81bn worth attributed to
Manchester United by Forbes in July. At that point City were valued at $2.69bn by Forbes and the Dallas Cowboys topped its list at $5bn. In September Forbes increased the Cowboys’ value to $5.5bn.