I don't know the mechanics of such things, but we clearly have some very smart people in charge?
SilverLake pay CFG £475m for a 10 per cent stake.
CFG co-own with MCC the leisure site.
They in turn team up with Oak View Group, who initially state they are funding the entire £350m cost of the build and CFG are merely assisting with feasibility and consents.
CFG suddenly announce 50 per cent buy in on the arena.
We've probably paid out about £150m of the SilverLake money to get 50 per cent dibs of a venue that will print money for decades to come.
And guess who Silver Lake are also invested in - Oak View Group -
https://variety.com/2018/biz/news/i...llion-investment-from-silver-lake-1202724408/
SilverLake clearly don't want to miss out on the spoils.