- Companies
- City Football Group
City Football Group Revenue, Valuation, Funding & Investors
City Football Group is valued at $4.8B as of November 2019, a 6.7x multiple on its last reported $712M revenue.
Last City Football Group valuation
$4.8B
Undisclosed stage · Nov 2019
Last City Football Group funding round
$500M
Undisclosed stage · Nov 2019
City Football Group revenue
$712M
Undisclosed stage · Nov 2019
Key investors in City Football Group
Silver Lake
About City Football Group
City Football Group is a Manchester-headquartered holding company owning professional football clubs including Manchester City in the English Premier League, New York City FC in Major League Soccer, Melbourne City in the Australian A-League, and Girona FC in Spain's La Liga. The group oversees women's teams, youth academies, and scouting networks in Abu Dhabi, Shanghai, and Montevideo. All clubs utilize standardized training methodologies at City Football Academies, with the original facility in Manchester serving as the blueprint for sustainable design and community integration. City Football Group also manages sports science, analytics, and media production arms supporting global operations.
Founded
2013
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Investment management
Revenue
$712M (Nov 2019)
Valuation
$4.8B (Nov 2019)
Sectors
City Football Group Valuation
City Football Group is currently valued at $4.8B, based on its undisclosed-stage round in November 2019.
The $500M round was led by Silver Lake.
City Football Group valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Nov 2019 | Undisclosed stage | $4.8B | 6.7x |
City Football Group Revenue
City Football Group's latest recorded revenue is $712M, as of its undisclosed-stage round in November 2019. At a $4.8B valuation, that implies a 6.7x revenue multiple.
City Football Group revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Nov 2019 | $712M | $4.8B | 6.7x | Undisclosed stage |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
City Football Group Funding History
City Football Group has raised a total of $500M across 1 funding round.
City Football Group funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Nov 2019 | Undisclosed stage | Silver Lake (lead) | $500M | $4.8B | City Football Group (CFG), established in 2013, is the world’s leading private owner and operator of soccer clubs, holding total or partial ownership of seven clubs including Premier League champions Manchester City, New York City FC, Melbourne City FC, and Yokohama F. Marinos. On November 27, 2019, CFG announced a US$500 million primary equity investment from Silver Lake, equivalent to just over 10% of the post-investment value, valuing the company at US$4.8 billion post-money and making it the most valuable soccer organization globally. No existing shareholders sold equity, with proceeds designated for international business growth, technology, and infrastructure development. Silver Lake, a technology-focused private equity firm, joined as a strategic partner, with Managing Partner Egon Durban added to CFG’s board, expanding it from eight to nine members. CFG Chairman Khaldoon Al Mubarak highlighted the investment’s validation and potential for growth through sports, entertainment, and technology convergence to create new global revenue streams. The deal was reported across multiple outlets including Silver Lake’s press release and news from Axios and ESPN, confirming the $4.8 billion valuation. While CFG-specific financials were not detailed, Manchester City reported record revenue of £535.2 million for the 2018-19 fiscal year, reflecting 11 straight years of growth and fifth consecutive profitable year under Abu Dhabi ownership. Silver Lake aimed to hold the stake long-term, potentially via IPO or sale. |
Who has invested in City Football Group?
1 investor has backed City Football Group across its funding rounds, including Silver Lake.
Lead investors include Silver Lake.
City Football Group Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 City Football Group investors. Start Free Trial | ||||
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Start Free TrialAcquisitions by City Football Group
City Football Group has acquired 5 companies to date.
Last acquisition by City Football Group was on February 18th 2024. City Football Group acquired Istanbul Basaksehir for undisclosed valuation.
Latest Acquisitions by City Football Group
| Description | Istanbul Basaksehir is a Trendyol Super Lig football club based in Istanbul, Turkey, with a history of league championships including its sixth title. It competes professionally while expanding into esports and maintains Basaksehir Fatih Terim Stadium plus training facilities for player development. Structured as a capital company with seven partners, the club engages in domestic and digital sports competitions. | - | - | Mumbai City FC is a Mumbai-based professional football club in the Indian Super League, owned by City Football Group. The team won the ISL Cup and League Winners' Shield in the 2020-21 season, repeating the Shield in 2023-24, while running youth academies and community programs in Maharashtra. | |
| HQ Country | |||||
| HQ City | Istanbul | - | - | Mumbai | |
| Deal Date | 18 Feb 2024 | 4 May 2023 | 1 Jul 2022 | 28 Nov 2019 | |
| Valuation | undisclosed | $221M | $18M | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all City Football Group acquisitions and their M&A valuation multiples. Start Free Trial | |||||
City Football Group Competitors
City Football Group competitors include listed companies like Manchester United and Atlanta Braves Holdings, and private ones like Suning Sports, Cleveland Cavaliers, BSE Global and Mercedes-AMG F1 (Toto Wolff's 15% stake).
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $2.6B | - | ||
| Private | $438M | $121M | $5.5B | 12.6x | ||
| Private | - | - | $6B | - | ||
| Private | $846M | - | $6B | 7.1x | ||
| Publicly listed | $895M | $302M | $3.4B | 4.8x | ||
| Publicly listed | $732M | $98M | $3.3B | 5.3x |
City Football Group Public Comps
City Football Group is still privately-owned, but its public comps include Manchester United, Atlanta Braves Holdings, Juventus FC, Ollamani, Borussia Dortmund, Fenerbahce SK, Olympique Lyon, Parken Sport, MSG Sports and TKO.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $895M | $302M | 4.9x | 4.8x | 14.4x | 14.5x | |||
| $732M | $98M | 5.6x | 5.3x | 42.0x | 62.0x | |||
| $602M | $125M | 2.1x | 2.2x | 10.1x | 10.3x | |||
| $378M | $39M | 2.1x | 1.9x | 20.5x | 11.3x | |||
| $606M | $133M | 0.7x | 0.8x | 3.1x | 3.6x | |||
| $176M | $17M | 2.3x | - | 22.9x | - | |||
| $187M | ($101M) | 6.1x | - | (11.3x) | - | |||
| $290M | $87M | 1.6x | - | 5.5x | - | |||
This data is available for Pro users. Sign up to see all City Football Group competitors and their valuation data. Start Free Trial | ||||||||
Common questions about City Football Group
| When was City Football Group founded? | City Football Group was founded in 2013. |
| Where is City Football Group headquartered? | City Football Group is headquartered in Manchester, United Kingdom. |
| Is City Football Group publicly listed? | No, City Football Group is a private, VC-backed company. |
| What is City Football Group's valuation? | City Football Group was last valued at $4.8B in its undisclosed-stage round in November 2019. |
| How much funding has City Football Group raised? | City Football Group has raised $500M across 1 funding round. |
| What was City Football Group's last funding round? | City Football Group's last funding round was a $500M undisclosed-stage round in November 2019, led by Silver Lake. |
| Who are City Football Group's investors? | City Football Group's investors include Silver Lake. |
| What is City Football Group's revenue? | City Football Group's latest recorded revenue is $712M (November 2019). |
| What is City Football Group's revenue multiple? | City Football Group's latest valuation implies a 6.7x revenue multiple ($4.8B valuation on $712M of revenue). |
| Which companies are comparable to City Football Group? | Companies comparable to City Football Group include Suning Sports, Cleveland Cavaliers, BSE Global, Mercedes-AMG F1 (Toto Wolff's 15% stake), Manchester United and Atlanta Braves Holdings. |
| How many companies has City Football Group acquired? | City Football Group has acquired 5 companies, including Istanbul Basaksehir, Esporte Clube Bahia, Palermo Football Club, Mumbai City FC and Melbourne City FC. |
| What was the largest acquisition by City Football Group? | The $221M acquisition of Esporte Clube Bahia in May 2023 is the largest acquisition City Football Group has made to date. |
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