Manchester City investment breaks global sports valuation

The parent company of Premier League champions Manchester City has announced a £389m investment from US private equality firm Silver Lake. According to BBC, the deal breaks a record in global sports valuations, making holding company City Football Group worth  £3.73bn ($4.8bn). CFG has a stake in seven football clubs across the world, including in the US, Australia, Japan and China. Manchester City are the most famous club from those. The Citizens are currently third in the Premier League and have qualified for the Champions League last 16. Source- BBC

Valencia boss Celades’ huge mistake about Frank Lampard ahead of Champions League clash