SPORTACCORD 2024 INSIGHTS: Sport’s Perfect Storm
23 May 2024 14:34
According to MilanNews.it, Wang Jianlin, one of the Chinese business leaders, is considering a possible cooperation with AC Mlian, following the purchase of a 20% stake in Atletico Madrid and acquisition of Infront Sports & Media at approximately EUR 1.05 billion.
AC Milan has been making their efforts to seek partners worldwide in order to build a new stadium. Disclosed by MilanNew.it, senior managers of Milan are keeping an eye on Asian and Middle East. They are in hopes of finding some financially powerful partners through intermediaries. Under this circumstance, Dalian Wanda Group expressed their intentions to establish a partnership with AC Milan.
Till now, the Italian media hasn’t disclosed any specific information about their cooperation, but we can expect that once a successful team-up between them is formed, Wanda’s presence in European football market will further expand.
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