Eight major Chinese investments in UK since Brexit
By Dai Tian (chinadaily.com.cn) Updated: 2016-07-25 18:231. Fosun buys Wolves football club
Deal size: 45 million pounds
Date announced: July 21
Chinese investment conglomerate Fosun announced on Thursday that it will buy 100 percent ownership of the club Wolverhampton Wanderers, or known as Wolves, for 45 million pounds.
The Wolves now come as the second Championship club to be bought by a Chinese company, after businessman Tony Xia purchased rival Midlands earlier this year.
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The photo shows the 2016 First Utility Super League match on May 21, 2016. [Photo/IC] |
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