USEUROPEAFRICAASIA 中文双语Français
Home / Top News

Wanda lands 20% stake in Atletico Madrid

By Lyu Chang and Sun Xiaochen | China Daily | Updated: 2015-01-22 07:33

It may not be long before Chinese soccer players are challenging elite performers like Lionel Messi on the world stage.

A landmark investment by Wang Jianlin, China's second-richest man, has paved the way for the young hopefuls.

Chinese real estate giant Dalian Wanda Group Co said on Wednesday it has bought a 20 percent stake in leading Spanish club Atletico Madrid for 45 million euros ($52 million), becoming the first Chinese company to invest in a major European soccer team.

Wanda lands 20% stake in Atletico Madrid

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US