SHANGHAI (AFP) - Manchester City's owners City Football Group (CFG) announced the purchase of Chinese third-tier club Sichuan Jiuniu on Wednesday (Feb 20) - in partnership with a Chinese investment fund and a company that makes robots.
The rare swoop for a Chinese team, after Sheffield United bought Chengdu Five Bulls in 2006, expands CFG's portfolio to seven clubs and follows the rapid growth of Chinese football in recent years.
Few details were revealed about the deal, which partners Abu Dhabi-owned CFG with China Sports Capital and UBTECH, a Chinese artificial intelligence and humanoid robotic company.
Investment fund China Sports Capital was jointly established by Sequoia China and Chinese state-linked CMC, which bought a 13 per cent stake in CFG in 2015.
CFG also owns New York City and Melbourne City football clubs, but chief executive Ferran Soriano said it had been a long-held "dream" to become part of China's growing football scene.
"We want to be part of the initiative... even just a small part," he told a press conference in Chengdu.
"We will be patient. We are here for the long-term."
CFG is also the owner of Club Atletico Torque in Uruguay, and has stakes in Spanish LaLiga outfit Girona FC and Yokohama F. Marinos in Japan's J-League.
Sichuan Jiuniu, its latest addition, are based in the western Chinese metropolis of Chengdu, and play their home games at the Chengdu Longquanyi Football Stadium.
Chinese football was buoyed by an influx of funds and foreign stars after President Xi Jinping, who visited Manchester City in 2015, outlined ambitions to turn the world's most populous nation into a global football power.
Jurgen Klopp hails 'best night' of his life after ending final hex Description: Jurgen Klopp had lost his two previous Champions League finals, against Bayern Munich as Borussia Dortmund boss in 2013 and last year against Real Madrid, as well as the 2016 Europa League final
Klopp hails 'best night' of his life after ending final hex
worldsoccertalk.com/2019/06/01/klopp-hails-best-night-of-his-life-after-ending-final-hex/
Klopp hails 'best night' of his life after ending final hex AFP June 1, 2019 AFP No Comments Madrid (AFP) - Jurgen Klopp revelled in the biggest night of his managerial career on Saturday after winning Liverpool's sixth Champions League title, ending a run of six straight losses in finals.
London, April 10: Tottenham boss Mauricio Pochettino fears Harry Kane could miss the rest of the season with an ankle injury sustained against Manchester City. The striker had to be helped down the tunnel by Spurs staff after appearing to turn his left ankle following a challenge with Fabian Delph in the second half of Tuesday's Champions
Kane could be out for the season, says Pochettino
Singapore, 9 July 2018 - AIA Singapore today announced an exclusive partnership with Nazri Nasir, football coach and former captain of the Singapore national football team, to inspire more Singaporeans to live healthier, longer and better lives. With the support of Nazri, one of Singapore's most prolific footballers, AIA Singapore launched a
Singapore national football team explained
everything.explained.today/Singapore_national_football_team/
The Singapore national football team is the association football national team of the city-state of Singapore. It is organised by the Football Association of Singapore (FAS). The most significant successes of the team have come in the regional AFF Championship , which Singapore has won four times in 1998 , 2004-05 , 2007 , and 2012 .
There are those who suggest the oft-revered magic of the FA Cup has been lost in modern football and to some extent, there may be some truth to that sentiment. Memories of Ronnie Radford and Ricky Villa fade in the minds of those, dare I say, old enough to have witnessed them first-hand, while
Magic of the FA Cup alive and well, Football News & Top
Rodgers closing in on EPL return with Leicester, Football
Two quickfire first-half goals set Australia on their way to a 3-0 win over Palestine in their second Asian help Socceroos bounce back. point but are far from out of the knockout picture.
Socceroos bounce back at the Asian Cup with Palestine win
Football News: Gianluigi Buffon will leave Paris Saint-Germain this summer after it was agreed to not renew the former Italy captain's contract, the French champions World Cup winner Gianluigi
Football: World Cup winner Buffon to leave PSG, Football News
MADRID: The wife of Spain's World Cup-winning captain Iker Casillas, Sara Carbonero, has announced that she has undergone surgery for cancer just three weeks after the goalkeeper suffered a heart attack. Casillas, who made 167 appearances for Spain and 725 for boyhood club Real Madrid before departing in 2015, fell ill during a training
After Casillas heart attack, wife says she has had cancer op
City must beat Liverpool to stay in title race: Guardiola Manchester City's Argentinian striker Sergio Aguero looks on during the English Premier League football match between Southampton and
We must beat Liverpool to stay in title race: Guardiola
England's Ross Barkley scores their second goal during Euro 2020 Group A qualifier match between Montenegro and England at Podgorica City Stadium, Podgorica, Montenegro, March 25, 2019. England recovered from an early scare in Montenegro as Ross Barkley scored twice in a clinical 5-1 victory to continue their strong start to the Euro 2020
England thrash Montenegro 5-1 after early scare - YouTube
Chelsea star Eden Hazard has paid tribute to his team-mate Cesc Fabregas, who is set to depart the club after four and a half seasons.. The 31-year-old is closing in on a move to Monaco, where he will link up with manager Thierry Henry, a team-mate of Fabregas at Arsenal.
Eden Hazard says goodbye to 'great friend' Cesc Fabregas as
Clock Repair Times Ticking
0 comments:
Post a Comment