Tag Archives: AC Milan

Minor deal set to have major repercussions in Chinese football

A second division Spanish club taking a small stake in a third division Chinese club won’t make global headlines, but it could see the start of a wave of foreign investment in Chinese football, now that outbound acquisitions have effectively been stopped.

A year ago, Chinese companies were rushing full steam ahead to invest in – or buy outright – soccer clubs from around the world. From Aston Villa and West Brom to Espanyol and Inter Milan, the first waves of investment appeared to herald many more dealsThis headline in The Telegraph from September last year, for instance, claimed that another 30 Chinese billionaires were looking to buy clubs.

How quickly things change.

Continue reading Minor deal set to have major repercussions in Chinese football

West Brom, AC Milan added to China’s trophy cabinet

Chinese football added another two major clubs to the country’s portfolio, as the government-backed soccer drive shows no sign of slowing down.

With the sporting world’s attention zeroing in on the Rio Olympics, China’s football industry – as has been the case repeatedly this year – stole back the spotlight. West Brom became the first English Premier League club to be acquired by a mainland Chinese owner. Then, just hours later, AC Milan joined the club as a Chinese consortium took full ownership from Silvio Berlusconi, following the lead of its cross-town rival Inter two months ago. Here are five thoughts on the day’s dealings:  Continue reading West Brom, AC Milan added to China’s trophy cabinet

AC Milan’s Chinese saga nears end as rumor mill grinds on

AC Milan is the latest in a long line of European football targets picked out by Chinese investors – and it won’t be the last.

On the football pitch, the Italians are known for a slow, tactical style that, while effective, can bore an opponent into submission.

Off the pitch, it may also be a similar story.

Continue reading AC Milan’s Chinese saga nears end as rumor mill grinds on

Suning’s Barca deal continues Chinese trend

Stories started to spread on Monday that Chinese home appliance chain Suning was set to buy a stake in Spanish megaclub Barcelona. If true, it would have blown news of Alibaba buying a 50% stake in Guangzhou Evergrande out of the water.

Barca Director General Antoni Rossich is flanked by Suning's EVP/GM Li Bin (L) and VP Sun Weiming (R)
Barca Director General Antoni Rossich is flanked by Suning’s EVP/GM Li Bin (L) and VP Sun Weiming (R)

Continue reading Suning’s Barca deal continues Chinese trend

PSG becomes Huawei’s jewel in the crown

Despite effectively being blocked from doing anything of consequence in the US, Chinese telecoms group Huawei has been continuing its expansion plans in Europe and elsewhere, thanks in part to an increasingly successful soft power campaign that has seen the firm partner up with a variety of sports properties. In the last year alone, Huawei signed deals with:  Continue reading PSG becomes Huawei’s jewel in the crown

Huawei uses sports to combat politics

It’s almost becoming its own feature at this point: who has Huawei sponsored this week? This year the company has signed sponsorship deals with the ITU World Triathlon Grand Finale in London, German soccer team Borussia Dortmund, NZ soccer team Wellington Phoenix, and Australian rugby league side Canberra Raiders. Then there was a China-New Zealand soccer match, the 2011 Italian Super Cup in Beijing, plus Atletico Madrid in last year’s Madrid derby, and that’s before we get on to Huawei’s recent musical tie-ups with Coldplay and, er, the Jonas Brothers.

Image Continue reading Huawei uses sports to combat politics