10 Chinese companies snap up top overseas sports teams
Updated: 2016-08-01 07:27
(chinadaily.com.cn)
|
|||||||||
 |
|
Zhang Jindong, Chairman of Chinese retail giant Suning Commerce Group Co Ltd arrives at Palazzo Parigi hotel during the Inter Milan soccer team shareholders meeting, in Milan, Italy, June 28, 2016. [Photo/IC] |
Chinese electronics retailer Suning has invested 270 million euros($306.5 million) in a 70 percent stake in Italian soccer team FC Internazionale Milano (Inter Milan) in June, 2016.
The acquisition shows the continuous effort made by Suning in the development of the sports industry.
Late last year, Suning purchased a local Chinese Super League team in Nanjing and named it Jiangsu Suning F.C.
Soccer Club Internazionale Milano have played continuously in the top tier of the Italian soccer league system and is one of the most valuable in Italian and world soccer.
Today's Top News
Lunar probe confirms no water on the moon
'China's Challenges' wins historic Emmy Award
Merkel shortens holiday to defend response to attacks
France hunting second church attacker after tipoff
Obama, Merkel stress anti-terror cooperation
Downing Street cat fight: Larry vs Palmerston
No explosion, no injury report in Germany: Police
Geneva airport tightens security after French tipoff
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
|
|
|
|
|
|