Manchester City's owners buy stake in third-tier Chinese soccer club

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Manchester City's owners buy stake in third-tier Chinese soccer club
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The parent company of English Premier League champions Manchester City announced Wednesday that it has added a seventh soccer club to its growing stable.

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Man City can narrow the deficit in Chinese soccerMan City can narrow the deficit in Chinese soccerWhen it comes to mainland investment in European soccer and vice versa, the score is $3bln-nil. China’s splurge is over, but connecting old teams and new fans still makes sense. The Abu Dhabi-owned group behind Manchester City could be the first heavyweight to go the other way.
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