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Just to clarify - Sheikh Mansour hasn’t sold any shares in CFG. Silver Group subscribed for 10% of the shares in CFG.
What this basically means is that the Sheikh owns less shares, but the value of his shares is proportionately higher. https://www.cityfootballgroup.com/information-resource/news-and-press-packs/cfg-announces-us-500-million-strategic-investment-by-silver-lake/
Just to clarify - Sheikh Mansour hasn’t sold any shares in CFG. Silver Group subscribed for 10% of the shares in CFG.
What this basically means is that the Sheikh owns less shares, but the value of his shares is proportionately higher. https://www.cityfootballgroup.com/information-resource/news-and-press-packs/cfg-announces-us-500-million-strategic-investment-by-silver-lake/
In 2015, China Media Group invested £265 million for a 13% stake in CFG
Silver Lake have just invested £380 million for a 10% stake
In 2015, CFG was valued at £3 billion.
The Silver Lake deal values CFG at £4.8 billion.
Impressive growth.
Silver Lake have just invested £380 million for a 10% stake
In 2015, CFG was valued at £3 billion.
The Silver Lake deal values CFG at £4.8 billion.
Impressive growth.
By the way, Sheikh Mansour wrote this open letter to City fans, which is well worth a read. It describes his commitment to the club, and his investment strategy. https://www.cityfootballgroup.com/information-resource/hh-sheikh-mansour-2018-letter/
