Menu
Franchises

Two Australian Clubs On The Cusp Of Becoming First Chinese Owned A-League Sides

Football in Australia has "something Chinese football wants -- honesty, knowledge and achievement" -- and they are willing to pay for it, according to Michael Cockerill of the SYDNEY MORNING HERALD. Football in China has "something Australia desperately needs -- money." If "Chinese investors can buy strategic northern Australian ports, enormous tracts of prime farmland in northern NSW, and the priciest mansions on Sydney harbour, what's stopping them owning A-League clubs?" Nothing at all. And "after a decade of kicking the tyres it seems they're finally ready to buy." It is the "IP they want most of all." For the best part of two decades, "huge riches have poured into Chinese football." Billions. All the Chinese game has "to show for it is a couple of Asian Champions League titles with Guangzhou Evergrande -- achieved almost entirely because of foreign players and coaches -- and not much else." With the "highest political authorities in Beijing having made it clear that getting better at the world game is not an option, it's a must, things are on the move." Sometime this year, perhaps even within the next few months, there is "every chance both Central Coast Mariners and Newcastle Jets will become Chinese-owned." On a global level, "even an Asian level, the buy-in price" of around $5M is "dirt cheap." In return -- "in terms of establishing a bridgehead in Australia and using it to listen and learn -- the Chinese are confident the rewards will soon outweigh the investment." It is "how the Chinese operate in so many other Australian industries." Knowledge "is king." Why "should football be any different?" (SMH, 1/24).

SBJ Morning Buzzcast: April 26, 2024

The sights and sounds from Detroit; CAA Sports' record night; NHL's record year at the gate and Indy makes a pivot on soccer

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2016/01/25/Franchises/Chinese-Owners-A-League.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2016/01/25/Franchises/Chinese-Owners-A-League.aspx

CLOSE