By Paul Nicholson
August 24 – Chinese conglomerate Everbright’s offer for Premier League Liverpool is real and in discussion, sources close to the firm have told Insideworldfootball. Reports earlier to day in the Asian business press that Everbright knew nothing of the proposal are wrong, and the proposed £800 million acquisition is very much alive.
By Paul Nicholson
August 24 – One step forward, one step back? China’s march into Premier League football club ownership seems to have faltered in the case of Liverpool but looks to be progressing with Hull City.
August 23 – The huge amounts spent by Manchester United on Paul Pogba and Juventus on Gonzalo Higuain are in line with industry standards on transfer spend, according to analysis by Football Benchmark, the research division of KPMG’s sports practice.
August 22 – Liverpool could be the next Premier League club to come under Chinese ownership if a reported bid of £800 million is accepted by American owners Fenway Sports Group (FSG).
August 15 – The hate-hate relationship between Sports Direct owner Mike Ashley and and Rangers FC’s board is heading back to the Scottish courtrooms with Rangers claiming Sports Direct paid itself illegal dividends from Rangers Retail and suing former directors of the club for £4 million.
August 15 – The long march of Chinese money into Europe’s big leagues took a significant step into France’s Ligue 1 this weekend with Olympique Lyonnais owner OL Groupe announcing that Chinese investment fund IDG Capital Partners has agreed to take a 20% stake in the club.
August 11 – With Chinese money having taken positions in big league Italian and English clubs, France has attracted more Chinese interest with ORG Packaging having bought a controlling 60% stake in AJ Auxerre for €7 million.
August 10 – Hull City’s sale talks appear to be back on after the Allam family owners had announced that they had put negotiations on hold while they stabilised the club for the start of the Premier League season. The negotiations now appear to be with a Chinese group rather than the US consortium they were in talks with.
August 9 – World football’s record transfer fee has been smashed again after Paul Pogba’s return to Manchester United finally went through when the French international midfielder signed a five-year contract with the option to extend for a further year.
August 8 – After 30 years in charge, Silvio Berlusconi has agreed to sell Serie A giant AC Milan to a group of Chinese investors for €740 million, a price that includes about €220 million of debt.
August 5 – West Bromwich Albion are the latest English side to fall into the hands of ambitious Chinese owners following the acquisitions of neighbouring Midlands clubs Aston Villa and Wolverhampton Wanderers.
August 4 – With the European season set to start over the next three weeks across the Big Five markets, a raft of new managers will be looking to bring early success to their new clubs and avoid the mid-season managerial change threat.
August 4 – Premier League clubs have spent £475 million in the month since the summer transfer window opened on 1 July, according to business analysts Deloitte, slightly down on the £515 million outlay at the same stage last year.
By Paul Nicholson
July 29 – Chinese investors are reportedly circling around a third English Championship club. Leeds United, like Aston Villa and Wolverhampton Wanderers that are both under new Chinese ownership, are considered a ‘sleeping giant’ waiting to return to their glory years. Chinese money could provide the boost they need to achieve this.
July 22 – Wolverhampton Wanderers, one of the most evocative names in English football but for several seasons in the second tier of the domestic game, are the latest club to fall into the ambitious hands of Chinese ownership following the announcement they have been bought by Fosun International.