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Football: Sale of Stake in Manchester City FC

By Prof Dr Ian Blackshaw It has been announced that a 10% stake in Manchester City FC, the current English Premier League Champions, has been sold by the Abu Dhabi Royal Family to the American Investment Group, Silver Lake Partners, for US$500 million. This deal represents the third largest equity investment in English football to date. Also, Manchester City has just announced record earnings of US$689 million, making it the fifth highest revenue-generating team in football. However, to some extent, a financial shadow hangs over this lucrative deal, in that Manchester City are facing new allegations by UEFA, the European Governing Body of Football, that they are in breach of the Financial Fair Play Rules. See previous post on this subject by Prof Dr Ian Blackshaw of 14 November 2018 on the GSLTR website If found guilty, Manchester City could face a ban of at least a year from playing in UEFA European Football Competitions, including the lucrative Champions League, one of the few prestigious football tournaments that Manchester City has not yet won. A decision on their fate is expected in December. With all this money circulating in football, and with deals like the Manchester City one, it seems that the ‘beautiful game’ is being played as much in the boardroom as on the pitch itself! Prof Dr Ian Blackshaw may be contacted by e-mail at ‘This email address is being protected from spambots. You need JavaScript enabled to view it.                            

The Journal

Global Sports Law and Taxation Reports feature: articles; comparative surveys; commentaries on topical sports legal and tax issues and documentation.

The unique feature of Global Sports Law and Taxation Reports is that this Journal combines for the first time up to-date valuable and must-have information on the legal and tax aspects of sport and their interrelationships.

The Editors

The editors of  the Journal Sports Law & Taxation are Professor Ian Blackshaw and Dr Rijkele Betten, with specialist contributions from the world's leading practitioners and academics in the sports law and taxation fields.

The Editors

Managing editor
Dr. Rijkele Betten

Consulting editor
Prof. Dr. Ian S. Blackshaw

Editorial board

Prof. Guglielmo Maisto
Maisto e Associati, Milano

Dr. Dick Molenaar
All Arts Tax Advisors, Rotterdam

 

Mr. Kevin Offer
Hardwick & Morris LLP, London

Mr. Mario Tenore
Maisto e Associati, Milano

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