VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
Chinese real estate firm, the Evergrande Group (owners of Guangzhou Evergrande Taobao FC) are reportedly linked to a potential West Bromwich Albion takeover, according to a recent report by the Birmingham Mail.
As the takeover of the club is thought to be in the latter stages, the Evergrande Group has been named as a potential buyer.
The group is owned by multi-billionaire Xu Jiayin, and is linked with Chinese Super League side Guangzhou Evergrande, with Guangzhou being Birmingham's sister city.
With the club's current owner Jeremy Peace said to be close to a deal with Chinese investors, the report also suggests that the projected new owners are already involved in signing off transfer deals, such as the reported £9 million approach for Jeffrey Schlupp.
Earlier this month, there were reports that China’s richest man Wang Jianlin has been looking to build up a stake in an English club.
Source: birminghammail
Proofread by Sean O Diobhilin
Related coverage
Chinese, USA consortiums near West Brom takeover
30 Apr 2015
13 Mar 2016
£0.18m Chinese investment for British soccer company
18 Mar 2016
Chinese investors close to £100m Aston Villa deal
09 May 2016
China welcomes an unprecedented soccer fever
15 Aug 2016
More from Yutang Sports
SportAccord Welcomes Return of Principal Media Partner Yutang Sports
01 Feb 2024
SportAccord Summit 2024 Logo Unveiled
29 Nov 2023
Meet the world-class speakers on SportAccord’s Plenary sessions
23 Feb 2024
Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023
Interview Part I with Martin Gibbs, Managing Director of SportAccord: the Power of Sport Is Real
21 Mar 2024
Yutang Sports
loading...