Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024 16:40
August 14: Owner of Premier League side Southampton, Katharina Liebherr, published a letter on the club's official website, announcing that Chinese investors Gao Jisheng and his daughter Nelly Gao have become the new main partners of the club. An insider to the deal told Associated Press that the Gao family had paid £200 million to buy a 80% stake in the club.
Gao Jisheng is the chairman of the Chinese investment company Lander Group. Previously in January 2017, Lander Sports, the sports subsidiary company of Lander Group, tried to purchase Southampton but failed. The takeover then became a personal investment with the Gao family buying the club's stake as individuals. They have now finally completed this deal having passed the Owners' and Directors' Test which includes detailed background checks on any individual proposing to acquire more than 30% of shares in a club, or to be a director on the club's board. This Southampton deal marks the second club to be wholly controlled by Chinese investors in the Premier League after West Brom.
“I am pleased to confirm that talks to bring in a new partner to our club have been concluded, ” stated Katharina Liebherr, “Following extensive and fruitful work, we are entering into a partnership with the Gao family and I am excited about what we will achieve together. ”
Source: Tencent and therepublic.com
Proofread by Raymond Fitzpatrick
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025 14:05
Related coverage
Shanghai Oriental Pearl plans €18M for Infront’s shares
16 Jul 2015
2016 Euro Cup press conference held in China
17 Sep 2015
BFA to run independent from municipal sports bureau
20 Oct 2017
Beijing BG to establish youth training base with CPT
29 Sep 2017
CSM to sue 5 live streaming platforms for media rights infringement
27 Sep 2017
More from Yutang Sports
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025
SPORTACCORD confirms Istanbul as Host City for 2025 Convention
13 Mar 2025
Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024
When New tournaments Meets New Tech, the Old Friend of Football Has New Stories
14 Jul 2025
Yutang Sports
loading...