The parent company for Manchester City has raised over $650 million in one of the greatest football debt deals within all the international football clubs of the international network. The City Football Group own the English Premier League club Manchester City alongside clubs of the US, Australia and India, have very recently raised the loans which will be effectively due in July of 2008, according to the entities involved within the transaction.

CFG plays a huge contribution towards the football world and gives football fans access to the sport they love consistently. However, with the gambling and betting services involved these are always offered to sports fans, outside of the sporting organisations. In fact, the odds to win in the Premier League are dictated entirely by sports books independently.

The debt dealt by Manchester City owners has beaten financing arrangements that were agreed by FC Barcelona back in June, which was at the time the biggest dealt financing arrangement on records to date. In fact, it is roughly the same level of debt which was borrowed by Premier League Club Tottenham Hotspur back in 2019, at the whopping £637 million. The debt at the time was taken out to provide financial resources to build a new stadium for the club.

It is believed that the CFG have intentions of using the debt to fund towards the infrastructure projects of a stadium for the Major League franchise, and loved soccer club NYC FC. This building project has been rooted for and been an aim for many years, and it is only just now that the official administration has been put forward to accept it. It still waits for local authorities and civil engineers to give it the complete go-ahead for now though. The group behind the changes, have shown huge appetite for evolution of their clubs, and in fact have actually took the majority hold in shares for 10 clubs internationally within just the space of 10 years. Obviously, they see a huge vision for all the clubs that they take charge of and perhaps this is not the only change yet to be witnessed. Many are thinking about it as time keeps passing.

It is believed that the loan which was written for 7-years has officially been underwritten by the major clubs such as Barclays, HSBC and KKR Capital. They have taken charge of arranging the debt and its distribution. While it is not sure how exactly, it has been arranged with bodies that are familiar with the debt itself.

The CFG have actually organised a credit facility which is apparently worth over £100 million at present, and to the same finance providers previously set up by the group. The group has made it clear that they wish immediate action to draw down the facility changes as of yet. However, it is very clear that something is definitely brewing behind closed doors of course. The CFG have refused to comment as of yet, but executives associated with the deal have commented on how this was in fact, the cheaper route to go down, instead of actually selling for more equity.

CFG have sold a 10 percent stake to a US-based equity firm called Silver Lake Partners two years ago. The deal was worth $500 million, and valued the group at $4.8 billion at the time, which is a record high evaluation for any sports group today. Another stake of 12% is owned by the venture capital group China Media Capital. The Majority owner is Sheikh Mansour bin Zayed al-Nahyan, who is a world-renowned billionaire and a member of the Abu Dhabi royal family. They bought the majority of the club back in 2008 and it of course made headlines at the time.

It is no secret that Manchester City’s revenue has fallen over the pandemic, with a record low of £478 million during the 2019-2020 season. The year before saw the club make just under £100 million more, meaning the club are seriously swinging huge net losses for now, which is a concern for the CFG network. Manchester City used to be the only profiting club within the entire network, and today the tale tells a completely different story. But after the lead up of events in the past two years, all institutions have had to take a loss regardless.

CFG are very firm in believing their next business moves, will be hugely successful, and the safest route with minimal risk for the future.