Manchester City owner scores $4.8 billion price tag with stake sale
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PARIS/LONDON (Reuters) - Manchester City's Abu Dhabi-controlled owner has agreed to sell a $500 million (£390 million) stake to U.S. private equity firm Silver Lake, making it the world's most valuable soccer group with a $4.8 billion price tag.Silver Lake will buy just over 10% of City Football Group (CFG), which owns reigning English Premier League champions Manchester City and teams in the United States, Australia and China, the companies said on Wednesday.The investment crowns a rags to..