Wanda’ Infront acquires majority stakes in Omnigon
International sports marketing company Infront Sports & Media, which has been integrated into Wanda Group’s sports unit, Wanda Sports, has acquired a 51 percent stake in Omnigon, one of the leading digital services firms within the sports and entertainment industries.
Yutang to partner with SPONSORs Business Summit
We are glad to announce that Yutang Sports has become an official media partner of Germany-based SPONSORs Business Summit (SpoBis), which has been Europe’s leading annual sports business conference for over ten years.
Chinese businessman eyes Newcastle Jets
A Chinese businessman has emerged as the most likely candidate to take over the Australian A-League side Newcastle Jets.According to the Australian newspaper, the Newcastle Herald, the Chinese millionaire met with the Football Federation of Australia (FFA) and inspected facilities at the Hunter Stadium and the Jets’ training base at Ray Watt Oval two weeks ago.
Wisdom acquires NBL operation rights for RMB 180 million
Wisdom Sports, a Hong Kong listed sports marketing company, has reportedly acquired the four-season operation rights of the National Basketball League (NBL), the second-tier league in China.
Guangzhou Evergrande raises US$132mn from investors
China's Guangzhou Evergrande Taobao FC announced last Thursday that the club has recently raised 869.36 million yuan (132 million U.S. dollars) by issuing 21.734 million shares on the National Equities Exchange and Quotations (NEEQ).
Gao Lin to represent Dream Eleven
Gao Lin, the Chinese international footballer, announced on social media that he has become the face of the soccer-oriented mobile game named Dream Eleven.“(I) have been playing this game since (last) July, and (I’m) surprised that I have been chosen as a promoter,” Gao said on Sina Weibo.
Chinese sponsor of Segunda Liga drops plans
Portugal's second division, the Segunda Liga, is set to be rebranded as the Ledman Proliga from next season after the Chinese LED light manufacturer, Ledman, secured the naming rights for the league. The partnership aims to use the Portuguese system to help train up and coming Chinese talent, on and off the pitch.
Guangzhou Evergrande 59th in the world
China's football club Guangzhou Evergrande is ranked 59th in the world football club rankings, followed by San Lorenzo from Argentina and Schalke 04 from Germany, according to the latest release from footballdatabase.com, a specialized football statistics website.