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Volume 7 No. 47

Franchises

China's Ledman Sports, a subsidiary of Ledman Electronics, gained control over Brazilian football club Nacional for the next 20 years, according to Samindra Kunti of INSIDE WORLD FOOTBALL. The company "will take over the running of the club" for a $1M fee. Ledman Sports has "already been partnering" with Brazil's BSI Soccer -- the player agency owned by Fábio de Souza -- to manage players in China. At an extraordinary general assembly, the fans of the supporter-controlled club approved the third-party investment unanimously (INSIDE WORLD FOOTBALL, 4/13).