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Silver Lake acquires 33-per-cent stake in Australian Professional Leagues

Daniel Hall of the Central Coast Mariners takes a selfie with fans after the game during the A-League match against Sydney FC on December 12. (Photo by Ashley Feder/Getty Images)

US investment firm Silver Lake is investing close to A$140m ($100m/€89m) to acquire a 33-per-cent stake in Australian Professional Leagues (APL), the organisation that manages Australia's elite football leagues, the A-Leagues.

The deal, which was reported as imminent in October, values APL at around A$425m ($300m/€265m).

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