VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
Recently promoted Italian Serie B side Parma have officially announced that its executives will sell 60% of the club’s shares to Chinese businessman Jiang Lizhang, giving him control of the club. Parma have also announced the appointment of former Argentina and Parma player Hernán Crespo as its new vice president.
Jiang Lizhang is the president of Chongqing Lifan Football Club in China. In 2016, he acquired 98.13% shares in the Spanish club Granada and has a five percent stake in the NBA team Minnesota Timberwolves.
Parma, twice winners of the old UEFA Cup in the 90s, were once a well-known Italian Serie A club but were declared bankrupt in 2015. It was forced to change its name to Parma 1913 and were demoted to the Italian fourth-tier league.
Source: 163.com
Proofread by Raymond Fitzpatrick
Future of Sport: a resounding success for the Global Sports Week and Viva Technology collaboration
21 Jun 2023 12:27
Related coverage
Chinese company officially took over Sochaux
07 Jul 2015
Jorge Mendes in talks with Chinese investor over Gestifute
18 Jun 2015
CMC put heavy investment in SoccerWorld
23 Mar 2016
Chinese investor Dai Yongge visits Hull City
11 Aug 2016
Capitals have crowded into Chinese sports industry
16 Jun 2015
More from Yutang Sports
Future of Sport: a resounding success for the Global Sports Week and Viva Technology collaboration
21 Jun 2023
SportAccord’s conversation with FEI President Ingmar De Vos: Equestrian sport’s road to Versailles
22 Apr 2024
Interview with Nicolas Maurer: Becoming Mainstream and at the Forefront of French Esports Industry
04 Oct 2023
SportAccord 2024 - sport as a ‘powerful, transformative tool’ under spotlight at CityAccord
29 Mar 2024
SportAccord announces first speakers - World Sport & Business Summit 2024
06 Dec 2023
Yutang Sports
loading...