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China's Spending On Sports Properties May Not End With Liverpool

Published in SportsBusiness Daily Global on 08 / 24 / 16

When John Henry bought Liverpool in '10, China’s currency was trading at 6.7 yuan to the dollar and "heading higher," according to Tom Mitchell of the FINANCIAL TIMES. It would eventually peak in early '14 at six yuan to the greenback. It is doubtful that Henry "gave much thought to how many r...

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Tags: Finance, Europe

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