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Edelman is handling both ends of Silver Lake's $500M outlay for a 10 percent stake in City Football Group, parent of Britain's premium league champion Manchester City soccer club, an investment that values CFG at $4.8M.
CFG, which is controlled by the Abu Dhabi royal family, owns New York City FC and teams in Australia, Japan, China, Uruguay and Spain.
It plans to use the proceeds from the Silicon Valley private equity firm to fuel international growth, develop infrastructure and enhance technology. A home stadium for NYCFC, which currently plays in Yankee Stadium, is in the works.
The Financial Times reports that Silver Lake's investment makes CFG the globe's richest sports investment, ahead of rival Manchester United ($2.8B) and the Brooklyn Nets ($2.4B).
Silver Lake has $43B in assets under management. Managing partner Egon Durban will join CFG's board of directors, which will increase from eight to nine members.
Edelman's Iona Stewart represents CFG and Jennifer Stroud handles Silver Lake.
Teneo handles Bamboo Insurance Services as the Midvale, UT-based marketer of homeowner policies files a Form S-1 statement with the SEC for an initial public offering.
FTI Consulting handles West Marine as the nation’s leading retailer of marine parts and accessories for boating, fishing and sailing enthusiasts emerges from Chapter 11 bankruptcy.
Throughline Global Advisors represents Principal Mineral as it acquires Conductive Group, manufacturer of advanced materials for the aerospace, telecommunications and electronics sectors.
Trump Media & Technology Group posted a $238M Q2 loss on $1.7M in revenues. That performance compares to a $20M loss and $883K revenues in the 2025 comparable quarter.
The Brand Amp represents Archer Aviation as it acquires Boeing’s $200M flying-taxi operation in return for a 20 percent stake in the Silicon Valley startup.
