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Manchester City: Fans gush over US firm’s financial investment

Manchester City: Fans gush over US firm’s financial investment

On Wednesday, it was announced that City Football Group had sold a percentage of their stake in the club to private United States consortium Silver Lake for a total of £389m – prompting Manchester City’s overall value to skyrocket.

Club holding company City Football Group is now worth an astonishing £3.73bn – virtually guaranteeing that the Sky Blues could announce a 12th successive year in profit by next season, with supporters reacting joyously to the news and rubbing it in the face of rival fans.

Payments from the new Puma kit deal will also start to take effect soon, with that bit of business injecting £45m a year into the club on top of their brand new investment stream from Silver Lake.

All of this positive news surrounding the club’s finances has prompted supporters to celebrate on social media – with three major shareholders from the UAE, China and now the US making up ‘another treble’.

Here’s what fans had to say on Twitter:

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Article title: Manchester City: Fans gush over US firm’s financial investment

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