Manchester City owner to sell $500 million stake valuing itself at $4.8 billion: FT

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Manchester City owner to sell $500 million stake valuing itself at $4.8 billion: FT
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The owner of English Premier League champions Manchester City is selling a $500 ...

FILE PHOTO: Soccer Football - Champions League - Group Stage - Group F - Olympique Lyonnais v Manchester City - Groupama Stadium, Lyon, France - November 27, 2018 General view of the Manchester City emblem before the match Action Images via Reuters/John Sibley

Silver Lake is buying over 10% of Abu Dhabi-controlled City Football Group , the newspaper reported, adding that an official announcement was expected as early as Wednesday.

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