Probable sports cooperation between US sports and Wanda Group in the future

On March 24, a striking news came to us suddenly! It’ not about England betraying US, or Japan making a concession to join Asian Infrastructure Investment Bank, but about US President Obama meeting with Wang Jianlin in Washington. 

Wang Jianlin, the president of Wanda Group, went to US for the “Select USA” investment summit. Obama welcomed Wanda Group to invest in US and was willing to create a more favorable investment environment.

Wang Jianlin thanked President Obama and expressed that Wanda Group would take internationalization as one of its developing strategies, and was willing to continue its investment in US to further boost bilateral economy and trade relationships. Wang Jianlin is the only Chinese entrepreneur invited by President Obama. 

At the same day, Wang Jianlin was also invited by China's embassy in the US and attended a reception of U.S.-China Chamber of Commerce. As the only representative of enterprises, he gave a speech on the reception. 

Given that Wanda Group invested largely in the sports industry in recent times, purchased Infront Sports & Media, helping China’s Olympic Games, there’s no doubt that this meeting is very meaningful. 

Infront Sports & Media Group, located in London, is the top five sports marketing company in the world. With its core resources related to the World Cup and other sports events and the release of Chinese Soccer Reform Plan after the purchase, Wanda Group would undoubtedly further expand its market in sports around the world. 

It’s obvious that US government also paid enough attention to its economy in sports and other fields. In recent years, European soccer clubs were collecting its players around the world. US also want to develop its soccer. It is very likely that Wanda Group will invest in soccer of America in the future.