Manchester City FC: Chinese consortium acquires 13% stake in City Football Group for €377m

News Tank Football - Paris - News #57347 - Published on 02/12/15 at 15:00
©  D.R.
©  D.R.

A Chinese consortium, consisting of CMC (China Media Capital) and CITIC Capital Holdings, has acquired just over a 13% stake in CFG (City Football Group) for $400m (€377m on 01/12/2015), announced the holding company and owner of Manchester City FC (Barclays Premier League), on 01/12/2015. The transaction values ​​CFG at $3bn (€2.83bn).

In...

©  D.R.
©  D.R.

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