Chinese investors pay $400 million for Manchester City group stake | The National:
"A consortium of Chinese investors is investing $400 million to take a stake of more than 13 per cent in the group that owns football clubs including Manchester City and New York City FC.
The consortium includes CMC Holdings and CITIC Capital and the deal values the City Football Group at $3 billion, City Football Group said in a statement on Tuesday.
As part of the deal, new shares will be issued in City Football Group in addition to ones owned by Sheikh Mansour bin Zayed’s Abu Dhabi United Group."
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