City Football Group Announces US$500 Million Strategic Investment by Silver Lake - Deal values world's leading private owner and operator of soccer clubs at US$4.8 billion post-investment We thank you for your patience whilst we resolve this matter and ask that you please try again later. Based out of Chinese Mainland and Hong Kong, CMC Inc. is known for its prominent strengths in premium content of multiple genres, which include film, drama, variety show, game, financial media, short video, fashion & lifestyle, concert, theatre, live entertainment event, sports, music, and a comprehensive scope of content related businesses such as artist and sports agency, cinema, theme park, and urban recreational complex. MANCHESTER, England and MENLO PARK, California, Nov. 27, 2019 /PRNewswire/ -- City Football Group (CFG), the world's leading private owner and operator of soccer clubs, today announced that Silver Lake, a global leader in technology investing, has signed a definitive agreement to make a US$500 million equity investment, equivalent to just over 10% of the company's post-investment value. in the English Premier League. Back to menu. Information Resource . CMC Inc. is a leading media and entertainment conglomerate founded and led by Mr. Ruigang Li. Maintenance is currently being performed and you may not be able to to log in to your candidate profile or apply for jobs during this time. | Free to read, Two injured in stabbing attack near former Charlie Hebdo office in Paris, The next financial crisis may be coming soon, Investors anticipate Joe Biden election win, Remember 1929 when looking for the cause of the coming financial crisis. For more information about Silver Lake and its portfolio, please visit www.silverlake.com. Scepticism as Boohoo bosses turn from fashion to Covid tests, Evergrande bond trading halted on reports of cash crunch, Julius Baer ordered to return money stolen by the ‘Chanel communist’, BP battles to calm investor jitters as shares sink to 25-year low, Investors flee US junk bond funds as concern for the economy grows, Debt collectors bulk up to deal with US property loan defaults, FTSE gives China bonds green light for influential index, The end of ‘big weddings’ — and why I won’t be weeping, Look before you eat from the healthy snacks aisle, Joe Biden’s low bar for debating Donald Trump, FT/McKinsey business book of the year shortlist announced, Why ‘hybrid’ working spells trouble for companies. In addition, c.12% of CFG equity remains held by a consortium of Chinese institutional investors led by China's leading media and entertainment conglomerate CMC Inc. Pursuant to the agreement, the Board of the City Football Group Holding Company will increase from eight to nine members. Quantum computing: randomness as a service, The contagious risks and rewards of remote working, Fatou Bensouda: ‘It’s about the law. All Rights Reserved. [1] Mr. Egon Durban, a Managing Partner and Managing Director of Silver Lake, will represent Silver Lake as the ninth CFG board member. The deal values City Football Group at US$4.8 billion post-investment. The company's flagship club is Manchester City F.C. Cision Distribution 888-776-0942 In 2013, ADUG established the commercial company City Football Group (CFG) with the purpose of dedicating itself exclusively to business related to football and, two years later, sold 13% of the company to the China Media Capital (CMC) consortium for USD $ 485 million. With twelve offices around the world, CFA also invests in other soccer related businesses and projects and serves as a global commercial platform for its partners, while fulfilling its vision of using soccer for social good on a local and global scale through its clubs' charities, foundations and other CSR initiatives. We are excited to partner with the Board and CFG's world-class management team to help drive the next phase of CFG's growth in the fast-growing premium sports and entertainment content market.".

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