Silver Lake increase stake in CFG

KS55 said:
If you want to clue yourself up on the activities of CFG, look at their website to start. The accounts are no longer published on line but you can apply for them. Going massive!
Will be interesting to see if the PL try to include CFG activity in their nonsensical “associated” sponsorship rules. Note, we get no direct payments from CFG and we have no control over them, but the wording of the group rules suggest they will try. Question, if a company owned or part owned by CFG or Silver Lake sponsored us, would the PL try to classify that as “associated”?
Click to expand...

You can easily check and download from Companies House. Filings of documents on there often trigger news items but there hasn't been anything new since summer.

CITY FOOTBALL GROUP LIMITED filing history - Find and update company information - GOV.UK

CITY FOOTBALL GROUP LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity
find-and-update.company-information.service.gov.uk find-and-update.company-information.service.gov.uk
 
I've just had a quick look at CFG's Companies House filings and this is definitely not new news. CMC's stake was 8% following the reclassification of Silver Lake's investment as equity. If you don't include their shares in the total, CMC's stake is 14%. If you include Silver Lake's shares, that drops to 8%.

The relevant filing was in January this year.
 
KS55 said:
If you want to clue yourself up on the activities of CFG, look at their website to start. The accounts are no longer published on line but you can apply for them. Going massive!
Click to expand...
All UK-registered companies have to publish accounts, which are filed at Companies House.

CITY FOOTBALL GROUP LIMITED filing history - Find and update company information - GOV.UK

CITY FOOTBALL GROUP LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity
find-and-update.company-information.service.gov.uk find-and-update.company-information.service.gov.uk
 
waspish said:
@slbsn>project river in here

Saying this happens November 2021


Nice to see the FT catching up on my "SCOOP" from November 2021 (https://t.co/Il5wiIVVTo) https://t.co/nTI5sZMIfE

Hasn't been any public explanation related to this. The only party that has A Prefs are Silver Lake. So it would seem to me Silver Lake have acquired further Ordinary Shares from one of the other holders- likely CMC's shares. Represents 4.12% of CFG. Don't appear to be new shares https://t.co/2NRjMSHPkH https://t.co/aLMctmqFCk



These are only just now catching up>>

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Great literal translation:

US personal fairness group Silver Lake has elevated its stake within the mum or dad firm of Manchester City Football Club
 
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