It might be too early to call it "normal," but since Chinese investors went after the NBA Cleveland Cavaliers basketball squad in 2009, the latest news that a Chinese investment group is now looking to purchase Liverpool F.C. doesn't seem all that surprising. Except for the little issue over the fact that it is the China Investment Corporation, a state-owned company established in 2007 under the Ministry of Finance using 1.55 trillion RMB. The corporation is charged with managing part of the country's foreign reserves, and is one of the world's largest sovereign wealth funds.
Posts tagged ‘Liverpool’
Ian Ayre, commercial director of Liverpool FC and a candidate of the club’s next chief executive, told media recently about their Asian tour plan. “If you are going to build a business overseas a key part is to allow people to touch and feel the product on a regular basis,” said Mr.Ayre. The Reds’ Asian tour has been set between July 17 to 26, and will visit Hong Kong, Singapore and Bangkok, with opponents yet to be announced.
Too bad that they won’t play in the Mainland. But worry not, four EPL teams – Man Utd, Chelsea, Hull City and West Ham United – will come to play for the capital city’s International Football Festival, which will be peaked by an Italian Super Cup match on August 8. Everything sounds so good right now for this football festival, it’s just there’s not many people playing the game.
Foxsports: New sponsorship plans for Liverpool