Tag Archives: Evergrande

Lippi cashes in on China’s Mission Impossible

It clearly takes a lot to tempt Italian coaching legend Marcello Lippi out of retirement for one last job, but fortunately for him there are some very deep pockets in China.

While Lippi will be officially announced as the new coach of China’s national soccer team on Friday, reports have revealed that he and his team – of whom former Everton star Li Tie will be a part – will collect 20 million euros annually over an initial two-year term.

Given China’s precarious state in the final round of AFC qualifying – bottom of Group A after four games – it’s less like a final throw of the dice than a refusal to accept that the die has already been cast.

In the video below, China Sports Insider’s Mark Dreyer discusses the Lippi hiring on CCTV News, with Yan Qiang, Tian Wei and Simon Pusey: Continue reading Lippi cashes in on China’s Mission Impossible

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

The Ma the merrier for Guangzhou Evergrande

Jack Ma is no idiot – he presides over a company that is set to go public at an estimated value of $152 billion dollars – but Evergrande looks to have got the better of the deal that sees Alibaba take a 50% stake in Chinese Super League club Guangzhou Evergrande for $192 million.

The drinking continues: Evergrande's Xu Jiayin and Alibaba's Jack Ma
The drinking continues: Evergrande’s Xu Jiayin and Alibaba’s Jack Ma

Continue reading The Ma the merrier for Guangzhou Evergrande