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LONDON — The owner of the English soccer team Manchester City, which has become a powerhouse in the sport on the strength of huge investment from Abu Dhabi’s royal family, has agreed to sell a stake of just over 10 percent to the American investment group Silver Lake Partners for $500 million.
Silver Lake has bought into City Football Group, an organization that controls seven soccer clubs on five continents. The group’s biggest asset by far is Manchester City, the reigning Premier League champion, but its holdings also include a team in Major League Soccer, New York City F.