Non-public fairness agency Silver Lake buys $500 million stake in Manchester Metropolis: report
Silicon Valley personal fairness agency Silver Lake Companions is reportedly shopping for a $500 million stake in Manchester Metropolis, at a valuation that will make the English soccer staff one of many world’s most dear sports activities franchises.
The Financial Times first reported the deal, which it stated is predicted to be formally introduced Wednesday.
The FT stated Silver Lake is shopping for a 10% stake within the English Premier League powerhouse, valuing the staff at $4.eight billion. Whereas the FT reported that will be a report valuation, this yr’s Forbes list of most valuable sports teams ranks the Dallas Cowboys at No. 1, with a…