Report: Yao targets home team
China Daily | Updated: 2009-07-08 08:01
Although the future of China's injured NBA all-star Yao Ming remains unclear, the basketball superstar has made headlines again this week - this time for a business interest in his home team of Shanghai.
According to a media report yesterday, Yao is eying a 20 million yuan ($2.9 million) part ownership of the CBA outfit after the Shanghai Sharks recently encountered financial difficulties following the withdrawal of one of its former sponsors, Xiyang Group.
The coach of Shanghai team said he believed Yao was interested, but said the final contract had not been signed.
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