Tag Archives: Wanda

Is La Liga really coming to China?

Real Madrid and Barcelona now appear to be closer than ever before to playing regular La Liga games in China – but just how soon could that become a reality, what obstacles still lie in the way and what sort of impact would that have on global sport?

Javier Tebas may not be a household name in the wider football world, but the president of La Liga has certainly been making waves in the industry in recent days, particularly with reference to expanding the global appeal of his league.

In an interview last week with Murad Ahmed from the Financial Times, here’s what Tebas had to say: Continue reading Is La Liga really coming to China?

Three ways Chinese investors can still buy European football clubs

Following the most recent Chinese takeover of a European club, Part 1 took a look at what Southampton fans can expect from their new owner. Part 2, below, will analyze what the latest policy moves from Beijing mean for the future of Chinese investment in football – and why future deals may or may not happen.

Reading the impulsive press headlines over the past few weeks, it would be easy to conclude that Gao Jisheng‘s purchase of an 80% stake in Southampton FC could just be the last Chinese takeover for a while.

  • China clamps down on buying spree in sports (CNN)
  • China to limit overseas investments in…sports (AP)
  • So now it’s official: The brakes are on when it comes to Chinese investment in…sports (Variety)
  • China’s soccer-team buying spree could be over (Globe & Mail)

Bad news, right? The reality, however, is somewhat less clear.

Continue reading Three ways Chinese investors can still buy European football clubs

How money & influence are shaping eSports in China – and beyond

Money is often thought of as synonymous with power and influence – in sports as elsewhere – but it’s not often we see such a clear example of a sponsor brazenly attempting to assert their influence as we’ve seen recently in China.

Alisports, the sports wing of Chinese ecommerce giant Alibaba, last year announced  a $150 million investment into eSports through a partnership with the International eSports Federation (IeSF). That was followed up by a 10-year deal to promote the Chinese city of Changzhou as an eSports hub, with the city set to host a number of World Electronic Sports Games (WESG) events, offering total prize money of $5.5 million, while another Chinese city, Suzhou, was also designated by Alisports as a major international sports city, with eSports also a central part of that aim.

Continue reading How money & influence are shaping eSports in China – and beyond

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

Explained: What’s behind Chinese takeovers of football clubs

I spoke to Sky Sports reporter Johnny Phillips last week for a piece he did on the increasing amount of Chinese investment directed at English football clubs in recent weeks. Editors being as they are, only a few selected highlights appeared in the finished article, but we covered a lot of ground, so here is an uncut version (completed shortly before the Wolves deal – the latest of the Chinese takeovers – was announced), touching on why rumours spread so quickly, West Brom’s possible owner and his plans for world domination, Sven spouting nonsense and why Wolves fans are probably sleeping better than Villa ones at the moment.

Continue reading Explained: What’s behind Chinese takeovers of football clubs

New soccer tournaments could see China gain global dominance

China’s long-term soccer plan calls for the country to be a global force in the game by 2050, but if China’s latest football project comes off, it would arguably become a major footballing power long before that.  

The plan has been laid out by the Chinese government, backed, of course, by President Xi Jinping, but the latest moves have come from one of the country’s biggest companies – Wanda, whose boss just happens to be China’s richest man.

Continue reading New soccer tournaments could see China gain global dominance

China’s Unrealistic World Cup Dream

Chinese President Xi Jinping can do many things, but bringing a World Cup to China won’t be one of them.

We’ve covered Xi’s love of soccermanufactured or otherwise – several times here on China Sports Insider, but the subject is back in the news again after his recent comments on promoting the game in China. First thoughts are the moves being made do look like sensible, long-term overhauls, rather than the short-term, quick fixes that government officials have previously initiated solely to gain attention and/or promotion (see Beckham, David).

China's President Xi Jinping receives an Argentine soccer jersey with his name on it from Argentina's Vice President Amado Boudou in Buenos Aires Continue reading China’s Unrealistic World Cup Dream