BEIJING: Dalian Wanda Group Co, China's biggest property company, has agreed to buy a stake in Spanish football champions Atletico Madrid, the company said on Wednesday.
Dalian Wanda will purchase a 20 percent share of the club for 45 million euros (34 million pounds), the company said in a statement.
It is the first investment by a Chinese firm in a premier European football team.- Reuters
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
