Featured Story

French Football Federation, LFP Announce New HQ In Beijing

Published in SportsBusiness Daily Global on 09 / 23 / 16

The French Football Federation and the French Professional Football League (LFP) on Thursday announced the opening of a joint office in China. The development and cooperation office, based in Beijing, will be operational starting in ’17. The goal of the office is to develop the French football...

Read More

Tags: International Football, Europe, China

More Stories

09/22/16
Prospective Buyers Show False Letter

The Chinese investor group seeking funds to buy Serie A side AC Milan, the club owned by former Italian PM Silvio Berlusconi, "provided a false bank report during its initial deal negotiations," according to BLOOMBERG. Berlusconi's Fininvest "agreed last month to sell the team to a group of little-k ...

Tags: Franchises, Europe, China

09/14/16
Yao Capital Invests In Glory Sports

Yao Capital, a 2B yuan ($299M) private equity firm founded by former NBA player Yao Ming, has led an undisclosed series B financing round in Glory Sports Int'l and "acquired a significant stake in the company," according to Nina Xiang of CHINA MONEY NETWORK. Cable TV and broadband company Liberty Gl ...

Tags: Finance, China

09/09/16
Growing China Interest In European Clubs

For an idea of the potential investment in China that might yet pour into European football, and in particular the English game, "one need only consult the unofficial rich list of Chinese society to learn that the country now has 596 dollar billionaires," more even than the U.S., according to Sam Wa ...

Tags: Finance, China, Europe

09/01/16
China Everbright Denies Liverpool Talks

China Everbright Ltd. CEO Chen Shuang said that the company, part of the state-owned China Everbright Group, "is not in talks to buy a stake" in Liverpool, according to Julie Zhu of REUTERS. Chen said that, after media reports of Everbright's inter ...

Tags: Franchises, China, United Kingdom

08/31/16
American Football To Kick Off In China

The new China Arena Football League "will have its debut in the fall of 2016," administered by the Chinese Rugby Football Association, according to XINHUA. CAFL Global President David Niu said, "This will be China's first ever professional league of American-style football, playe ...

Tags: Leagues and Governing Bodies, China

08/30/16
Esports Sees Growth In China

Esports "has come a long way in China, acquiring a patina of respectable professionalism after once being seen as either a useless diversion or a danger," according to Leah Liu of FOREIGN POLICY. By '03, possibly influenced by South Korea’s booming esports industry, China’s General Admin ...

Tags: Leagues and Governing Bodies, China

08/29/16
TJ Sport Taking Over Lampre-Merida

Chinese company TJ Sport Consultation is the "new license holders" of Italian cycling team Lampre-Merida, according to CYCLING NEWS. TJ Sport Consultation "replaces CGS Cycling as the holding agent to create China's first WorldTour team" from the '17 season. A Chinese naming rights sponsor "is ...

Tags: Marketing and Sponsorship, China

08/26/16
Everbright Confirms Liverpool Proposal

Sources close to Chinese conglomerate Everbright said that the firm's offer for Liverpool "is real and in discussion," according to Paul Nicholson of INSIDE WORLD FOOTBALL. Reports on Wednesday in the Asian business press said that Everbright "knew nothing of the proposal are wrong," and the pr ...

Tags: Finance, China, United Kingdom

08/26/16
Wang Jianlin Fires Warning

China Inc.'s record "burst of investment in global football could leave investors burnt and out of pocket," says China's richest man, Wang Jianlin, in the "highest profile warning yet" on a $4B splurge since '15 that has "stunned European football," according to Miller & Zhang of REUTERS. The Da ...

Tags: Finance, China

08/23/16
Rival Suitors Eyeing Liverpool Stake

A consortium led by state-owned financial conglomerate Everbright is reportedly "not the only Chinese group to have looked at investing in English football giant Liverpool, with the club attracting interest from Fosun, property-to-film group Dalian ...

Tags: Finance, China, United Kingdom

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug