VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
League One side Northampton Town announced on June 26 that they had signed a deal with 5USport, a Chinese company based in Guangzhou. 5USport have purchased a majority of the shares in the club, which has been approved by English Football Association.
Following this acquisition, Northampton Town has joined the roster of English clubs controlled by Chinese investors, following West Bromwich Albion, Wolverhampton Wanderers, Reading, Aston Villa and Birmingham City.
Formed in 1897, Northampton Town Football Club is a professional association football club based in the town of Northampton, Northamptonshire, England. The team play in League One, the third tier of English football. In the 1965-66 season, the team reached the old First Division of the English football league for the first and only time. In the 2015-16 season, Northampton Town were promoted to League 1 as champions of League 2.
Source: 163.com
Proofread by Raymond Fitzpatrick
Related coverage
Lander Sports in Southampton takeover?
04 Nov 2016
What does the acquisition of WTC mean to Wanda and China’s sporting industry?
27 Aug 2015
Chinese consortium in Hull takeover for £130 million
18 Oct 2016
A Beijing soccer company recruits former Chinese star
02 Nov 2015
Chinese investors eye Brescia Calcio
18 Aug 2016
More from Yutang Sports
IWGA to confirm the World Games host
11 Apr 2024
SportAccord 2024 - combating online abuse ‘chance for sport to show its power’
22 Mar 2024
Leading sports charity, Podium Analytics, announces Trusted Research Environment for Global Sport
11 Apr 2024
Registration open - SportAccord World Sport & Business Summit
18 Dec 2023
Gender equality will be reflected at OBS's coverage of the Paris 2024 Olympic Games
16 Apr 2024
Yutang Sports
loading...