Tag Archives: SIlvio Berlusconi

Xi to stay on, Wanda to get out, Tmall turns to F1 and more Milan misery

Here’s a summary of what you can find in my weekly China Digest for SportBusiness:

Continue reading Xi to stay on, Wanda to get out, Tmall turns to F1 and more Milan misery

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