AC Milan players celebrate a win over Juventus in the Italian Super Cup final last year. In April, mainland investment company Sino-Europe Sports, headed by businessman Li Yonghong, invested €740 million in AC Milan. Photo: EPA
AC Milan players celebrate a win over Juventus in the Italian Super Cup final last year. In April, mainland investment company Sino-Europe Sports, headed by businessman Li Yonghong, invested €740 million in AC Milan. Photo: EPA
China /  Diplomacy

Xi Jinping’s fandom helps fuel China’s world-beating splurge on soccer M&A

Chinese firms poured US$2.4 billion into soccer team mergers and acquisition investment from 2014 to 2016, dwarfing the United States’ US$350.6 million

Sidney Leng
Sidney Leng

Updated: 12:08am, 14 Jun, 2017

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AC Milan players celebrate a win over Juventus in the Italian Super Cup final last year. In April, mainland investment company Sino-Europe Sports, headed by businessman Li Yonghong, invested €740 million in AC Milan. Photo: EPA
AC Milan players celebrate a win over Juventus in the Italian Super Cup final last year. In April, mainland investment company Sino-Europe Sports, headed by businessman Li Yonghong, invested €740 million in AC Milan. Photo: EPA
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