UPDATE 4-Soccer-Man City owner scores $4.8 bln price tag with stake sale [Reuters]
Manchester United Ltd. Class A Ordinary Shares (MANU)
Last manchester united ltd. class a ordinary shares earnings: 2/25 07:00 am
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Source: Reuters
Manchester City owner scores $4.8 billion price tag with stake sale PARIS/LONDON (Reuters) - Manchester City’s Abu Dhabi-controlled owner has agreed to sell a $500 million stake to U.S. private equity firm Silver Lake, making it the world’s most valuable soccer group with a $4.8 billion price tag. Silver Lake will buy just over 10% of City Football Group (CFG), which owns reigning English Premier League champions Manchester City and teams in the United States, Australia and China, the companies said on Wednesday. The investment crowns a rags to riches story for Manchester City over several decades which spent much of the 1990s in the doldrums but then broke into the big league of world soccer with the help of Middle Eastern cash. Europe’s top soccer clubs have drawn in big money from some of the world’s richest investors over the last decade, as the game attracts more and more fans in lucrative markets such as Asia, the United States and the Middle East. Man City’s big domestic rival
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News
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MANU
Earnings
- 3/12/24 - Beat
MANU
Sec Filings
- 3/13/24 - Form 6-K
- 3/12/24 - Form 6-K
- 3/8/24 - Form SC
- MANU's page on the SEC website