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Jorge Mendes in talks with Chinese investor over Gestifute

By Yutang Sports Thursday, 18 Jun 2015 16:10

Super-agent Jorge Mendes alongside his private lawyer showed up in Shanghai China where he was believed to be in talks with Chinese consortium over transfer of his company Gestifute, as several Portuguese newspapers reported on June 17.

Gestifute is a leading brokerage company with the rights of the likes of Cristiano Ronaldo, James Rodrigues,Jose Mourinho.

Purchaser from China is intended to take over 50% business of Gestifute and the price would exceed an estimated value of 50 million euros.

The talks between the sides are still in progress while the identity of the Chinese buyer has not been revealed.

There are rumors that Jorge Mendes has intention of retirement so as to spend more time with the family. And this offers opportunity for Chinese investor who seeks to exploit the football market.

As Chinese media argued, the significance of the potential deal would be as impactful as that of Wanda’s acquisition of Infront.

Source:Sohu

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