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Hong Kong-Based Investors Complete Takeover Of Birmingham City, Value Club At $15M

Published in SportsBusiness Daily Global on 10 / 18 / 16

The new Chinese owners of League Championship side Birmingham City "have vowed to take the English club 'from strength to strength' after becoming the latest Asian group to invest in European football," according to Paul McClean of the FINANCIAL TIMES. Trillion Trophy Asia, a group controlled by Hon...

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Tags: Finance, United Kingdom, China

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Wuhan Double Purchases Nice Int'l Sports

Chinese company Wuhan Double Co. Ltd. has announced it purchased 100% of sports agency Nice Int'l Sports Ltd. at a cost of €39.5M ($44M), according to the GB TIMES. The deal will also see two subsidiaries owned by Nice Int'l, Media Base Sports Spain and Media Base Sports UK, "come under the own ...

Tags: China, Finance

UCI Rejects HK's Rio Qualification Plans

The world cycling governing body "rejected Hong Kong’s plans of bringing forward the National Championships as part of the Olympic qualifiers in May, dealing a blow to the women’s road race team looking for more ranking points," according to Chan Kin-wa of the SOUTH CHINA MORNING POST. T ...

Tags: Olympics, China

Can China Be A Football Superpower?

Chinese President Xi Jinping is "serious about football, and about a diverse multifaceted Chinese economy," according to Andrew Brennan of FORBES. Xi’s strategy wants 20,000 football training centers and 70,000 pitches in place by '20, while the men’s national team should be among t ...

Tags: International Football, China

Chinese Grand Prix's Future In Doubt

The "faint echoes from those lofty declarations of China as a Formula One superpower can still be heard in some remote quarters of this vast paddock," according to Daniel Johnson of the London TELEGRAPH. No one takes them "too seriously now," more than a decade on from Shanghai’s first race. T ...

Tags: Events and Attractions, China

AFL Side Will Play Match In China

Australian Football League side Port Adelaide plans to stage an AFL premiership match in China next year in a bid to "better promote the sport in the Asian nation," according to the AFP. Port Adelaide, the AFL and the club's new sponsor Shanghai Cred Real Estate "signed a memorandum of understanding ...

Tags: Events and Attractions, China

China Working To Be Football's Best

It may not rank alongside the names of Brazil or Barcelona, but China is "hoping to take its place in the annals" of football history, according to John Duerden of the N.Y. TIMES. On Monday, the National Development and Reform Commission of China " released a plan to give the country one of the wor ...

Tags: International Football, China

Volvo Ocean Race Comes To Hong Kong

The Volvo Ocean Race "will be stopping in Hong Kong for the first time in 2018," according to the SOUTH CHINA MORNING POST. The Royal Hong Kong Yacht club "confirmed the news at a press conference." The '17-18 edition "of the grueling, round-the-world race, seen by many as sailing’s toughest c ...

Tags: Events and Attractions, China

Tough Mudder Partners With IMG

Tough Mudder has reached an agreement with IMG to expand its obstacle course events into Asia and the Middle East. It also announced a partnership with Jakarta-based media and technology investment firm Seroja Parters to bring the series to Bali, Indonesia. The seven-figure, multiyear deal with IMG, ...

Tags: Events and Attractions, Asia, China

Sports Institute To Support HK Cricketers

A record 15 players "are involved in the partnership between the elite training academy and the Hong Kong Cricket Association," according to Nazvi Careem of the SOUTH CHINA MORNING POST. The city's elite cricketers "were given a major boost" on Sunday when the governing body announced renewed suppor ...

Tags: Leagues and Governing Bodies, China

China Rugby Can Be Role Model

World Rugby CEO Brett Gosper said that Alisports investment "to boost the sport in the mainland may spark similar interest in other potential markets," according to Nazvi Careem of the SOUTH CHINA MORNING POST. World Rugby said that the deal with Alisports to grow the game in China can be the " ...

Tags: Marketing and Sponsorship, China

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