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Chinese Billions Flood Soccer...

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    Article posted by @Madtrader , thanks;

    "Chinese Billions Flood Soccer, Snaring Hulk in Record Deal

    Chinese money, of course, has been flowing into all sorts of sectors: technology, health care, retailing, you name it. And now it’s soccer, a move that follows Middle Eastern and Russian investments into the game.
    What differentiates China is the speed and scale of the country’s new-found appetite for all things soccer. Chinese companies have invested $1.7 billion in sports assets -- the vast majority soccer-related -- since the beginning of 2015, according to Bloomberg data. As recently as five years ago, that number was zero."

    http://www.bloomberg.com/news/artic...aring-hulk-in-record-deal?cmpid=yhoo.headline
 
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