Natural mineral water brand Alps sign three-year partnership with BWF
21 Aug 2019 20:30
Sichuan Annapurna FC have confirmed that their new investor is Daguan Group, a Chinese investment company based in Shanghai with various Chinese media reporting the news on February 28.
Sichuan Annapurna FC and Daguan Group plan to organize a press conference on March 10 to officially sign the contract to transfer the club’s stakes from He Yaping to Daguan Group.
According to media reports, Daguan Group had paid the latest player salaries and the costs for the new season’s training (more than CNY10m), allowing Sichuan Annapurna FC to meet the Chinese Football Association’s club registration requirements for the new season’s leagues.
It’s also been reported that Daguan Group will retain the coaching staff headed by Li Bing and General Manager Ma Mingyu.
Daguan Group President Fan Zhehao seems to have played an important role in the acquisition.
In addition to investment, Daguan Group is also involved in private flight services.
Reference: Shangyou Xinwen
Proofread by Raymond Fitzpatrick
Related coverage
Chongming: to build a leading football county in China
25 Apr 2016
Meizhou Hakka, Hoffenheim to build soccer academy
20 Sep 2017
Wuhan Zall FC secure new home ground for next season
26 Oct 2018
CFA to launch league management council
18 Jan 2016
Yi Fang Group to take over China League One club
09 Jul 2015
More from Yutang Sports
Ingmar De Vos elected as the next ASOIF President
10 Apr 2024
Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023
Interview Part I with Martin Gibbs, Managing Director of SportAccord: the Power of Sport Is Real
21 Mar 2024
Discover why SportAccord plays central role for Silvers in strategic partnerships
22 Feb 2024
SportAccord 2024 - sport as a ‘powerful, transformative tool’ under spotlight at CityAccord
29 Mar 2024
Yutang Sports
loading...