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
Chinese ventures to launch an RMB5bn sports investment foundation
27 Oct 2015
$7m investment for former Chinese e-game player
27 Apr 2016
China's first 2-billion sports investment fund launched
01 Jul 2015
06 Apr 2016
Leading eSports club EDG receives tens of millions in CNY Pre-A round funding
04 May 2018
More from Yutang Sports
SportAccord 2024 - sport as a ‘powerful, transformative tool’ under spotlight at CityAccord
29 Mar 2024
SportAccord Summit 2024 Logo Unveiled
29 Nov 2023
WFDF is ready to fly in Chengdu for the World Games 2025
17 Apr 2024
SportAccord announces first speakers - World Sport & Business Summit 2024
06 Dec 2023
Registration open - SportAccord World Sport & Business Summit
18 Dec 2023
Yutang Sports
loading...