Soccer

The City Football Group empire

Map: Aïda Amer/Axios

Private equity giant Silver Lake Partners has agreed to invest $500 million for a ~10% stake in City Football Group, owner of reigning English Premier League champs, Manchester City, and seven other soccer clubs around the world.

Why it matters: The deal makes CFG, now valued at $4.8 billion, the world's most valuable soccer group, as well as the second most valuable enterprise in all of sports, trailing only the Dallas Cowboys, per Forbes.

Private equity giant Silver Lake to invest $500 million in City Football Group

Someone with money socks kicking a soccer ball
Illustration: Rebecca Zisser/Axios

Private equity giant Silver Lake agreed to invest $500 million for just over a 10% stake in City Football Group, owner of reigning English Premier League champs Manchester City and other soccer clubs, from Abu Dhabi United Group.

Why it matters: It makes CFG, now valued at $4.8 billion, the world's most valuable soccer group.