Expert insight | New changes on UEFA EUROs: growing maturity of Hisense and other Chinese brands
22 Jul 2024 19:18
Chinese investors are reportedly interested in acquiring soccer clubs in the Bundesliga, according to a recent report by German media Sport1.
“In the past two years, we had 7 investment inquiries from China on the table,” citing an unnamed manager from a traditional Bundesliga club. Chinese investors want to invest in some top-tier German soccer clubs.
Thomas Röttgermann, manager of VfL Wolfsburg, believes that an investor from China will buy into a Bundesliga club in the near future. However, German fans seem unhappy about the projected investment from China.
Although a soccer backwater in the past, China has entered into a buying spree in recent years. Chinese capital has been flowing into the soccer industry. Investors from China have invested about 2 billion US dollars in sports assets, especially in soccer-related sectors. 5 years ago, that number was zero.
Several days ago, China-based IDG Capital Partners agreed to acquire a 20% stake in French soccer club Olympique Lyonnais for €100 million.
Source: Sport1
Proofread by Sean O Diobhilin
Expert insight | New changes on UEFA EUROs: growing maturity of Hisense and other Chinese brands
22 Jul 2024 19:18
Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023 14:59
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025 14:05
Related coverage
WowSports signs with Borussia Dortmund
29 Jul 2016
Berlusconi favours Chinese deal for AC Milan
06 May 2015
Chinese United Travel invests in new sports fund
12 Oct 2015
Why was Peak delisted from Hong Kong Exchange?
07 Nov 2016
Everbright confirms Liverpool bid
26 Aug 2016
More from Yutang Sports
Expert insight | New changes on UEFA EUROs: growing maturity of Hisense and other Chinese brands
22 Jul 2024
SPORTACCORD confirms Istanbul as Host City for 2025 Convention
13 Mar 2025
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025
Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024
Yutang Sports
loading...