Man City Minority Owners Silverlake Partners Join Blackstone Group & CVC Capital Partners In Bidding For Serie A Shares & TV Rights

Man City Minority Owners Silverlake Partners Join Blackstone Group & CVC Capital Partners In Bidding For Serie A Shares & TV Rights
May 15, 2020 00:30
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CVC Capital Partners are not the only private equity fund or financial group to have expressed an interest in acquiring a share in Lega Serie A according to a report from the online edition of Italian business newspaper Il Sole 24 Ore.

As reported previously, CVC Capital Partners, who are a private equity and investment advisory firm based in Luxembourg, have shown an interest in acquiring a 10-15% stake in Lega Serie A on top of making an offer for the television rights to the league which has a total worth of €11 billion which will be spread out across the next decade.

The report from Il Sole 24 Ore goes on to state that United States based Blackstone Group have shown an interest in acquiring shares in Lega Serie A.

Silverlake Partners, another United States based group, have also shown an interest and showed their financial muscle last year when they purchased a 10% stake in reigning Premier League champions Manchester City

By Cammy Anderson
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