Caixin
Jun 24, 2016 12:27 PM

Chinese Euro Soccer Investors Going for Gold

(Hong Kong) – Chinese companies are buying soccer teams across Europe, echoing the Beijing government's ambitious plan to turn the nation into a soccer powerhouse.

The powerhouse plan, which has backing from President Xi Jinping, has led to nine deals inked by Chinese investors for stakes in soccer clubs in France, Italy, Britain and other European countries since January 2015.

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