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Monday briefing: Silver Lake increases stake in City Football Group

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28 November 2022 - 4:30 AM

American private equity firm Silver Lake has consolidated its position as the second-largest shareholder in City Football Group (CFG) after a further increase in its stake.

The Financial Times reports that the Silicon Valley-based firm now owns more than 18 per cent of CFG after buying additional shares from China Media Capital (CMC), whose stake is now close to zero.

Sheikh Mansour, the billionaire UAE royal who acquired Manchester City in 2008, also increased his stake a

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