somersby

How Manchester City’s owners became the titans of a global sports-entertainment complex

US private equity firm Silver Lake acquiring a stake in the City Football Group (CFG), owners of English Premier League football team Manchester City, is a stunning development. Based in California, the investor has taken a 10% share in CFG for £380 million, valuing the group at almost £4 billion. Headlines have inevitably hailed the […]

SAG football to be held in round-robin format after India’s withdrawal

Kathmandu, November 28 India, like Pakistan, have withdrawn their name from the men’s football event at the South Asian Games due to start in Nepal next week. Officials say India withdrew their name in the last moment. After the withdrawal, there will be only five teams–Nepal, Bhutan, Bangladesh, Sri Lanka and the Maldives. Hence, the […]