Man City owner draws $500 million investment from private equity firm Silver Lake
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PARIS (Reuters) - U.S. private equity firm Silver Lake has agreed to invest $500 million in the owners of English soccer champions Manchester City, valuing the Premier League club's owner at $4.8 billion.Silver Lake will buy just over 10% of Abu Dhabi-controlled City Football Group (CFG), which owns Manchester City, the companies said on Wednesday, confirming a report in the Financial Times newspaper.Europe's top soccer clubs have drawn in big money from some of the world's richest investors..