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
Massive Chinese Capital investment in Euro leagues
12 Oct 2016
Banana E-sports raises RMB150 million
16 Jun 2016
First Sports raises 80-million-yuan Series A financing
17 Oct 2017
Team China Racing invested in Motorsport.com LLC
27 May 2015
Baoneng buys Guangzhou International Sports Arena for RMB3.7bn
25 Aug 2017
More from Yutang Sports
SportAccord’s conversation with FEI President Ingmar De Vos: Equestrian sport’s road to Versailles
22 Apr 2024
Squash will be significantly boosted by LA28 inclusion
17 Apr 2024
Wiz-Team provides smart event management system for SportAccord 2024
14 Mar 2024
Interview Part I with Martin Gibbs, Managing Director of SportAccord: the Power of Sport Is Real
21 Mar 2024
Future of Sport: a resounding success for the Global Sports Week and Viva Technology collaboration
21 Jun 2023
Yutang Sports
loading...