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Tag: chien lee

KV Oostende heads for bankruptcy as PMG refuses to co-operate in hunt for new owner

May 20 – In a damning indictment of Pacific Media Group’s (PMG) football club ownership model, Belgium’s KV Oostende is facing bankruptcy after the club failed to find a new owner. 

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Finance

Denmark’s Esbjerg fB becomes latest Pacific Media-led acquisition

February 5 – Danish club Esbjerg fB, relegated from the top tier Superliga last season but currently in second place in Division 1, is the latest club to come under the control of Pacific Media Group who are partnering in the acquisition with Chien Lee, Partners Path Capital, and Krishen Sud.

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Finance

China’s Chien Lee gets go-ahead to complete £20m Barnsley takeover

December 20 – A second-tier unheralded club in the industrial north of England with a relatively small but loyal and passionate fan base surrounded by larger rivals may not seem the most obvious target for a foreign takeover.

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Finance

Barnsley’s £20m sale nears completion with Mr Beane in the wings with his data sheets

September 18 – The £20 million takeover of Championship club Barnsley looks likely to complete in the next two weeks when the English Football League complete their integrity tests on the proposed new ownership group of Chinese billionaire Chien Lee and US businessman Paul Conway.

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Finance

Barnsley look poised for hook-up with OGC Nice’s Chinese owners

August 22 – The sale of English Championship club Barnsley to Chinese businessman Chien Liew and his consortium will take at least another three weeks.

Read more …

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