Home / Business

Big investments in soccer come under scrutiny

By Angus Mcneice in London | China Daily | Updated: 2016-06-17 07:57

Interventionist approach or passive managers is seen as key question

Chinese investors are beginning a determined drive into European soccer, investing both at the club level and in the sport's infrastructure. While welcomed by many, the surge has raised serious questions about long-term intentions.

Shanghai Jinxin Investment Fund, a partnership between Beijing Baofeng Technology Co Ltd and Chinese financial services company Everbright Securities Co Ltd, announced in May an agreement to acquire a 65-percent stake in Italian-owned MP & Silva Ltd, the world's number one soccer rights agency, for around $1 billion. MP & Silva distributes sports programming to more than 200 broadcasters in 215 countries, including English Premier League and Formula One motor racing.

Big investments in soccer come under scrutiny

Today's Top News

Editor's picks

Most Viewed