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Football 13 Apr 2017 | 10:58 PM

Chinese investors complete deal to buy Italy soccer club AC Milan

MILAN (Reuters) - Italian former prime minister Silvio Berlusconi finalised his troubled sale of soccer club AC Milan to a Chinese-led consortium on Thursday, a 740 million euro ($788 million) deal that tightens China's grip on the game in Italy.

Football 27 Mar 2017 | 8:18 PM

U.S. fund Elliott to help Chinese investors buy AC Milan with 300 million euros

MILAN (Reuters) - U.S. private equity fund Elliott is helping a struggling Chinese consortium buy Italian storied football club AC Milan with a 253 million euro (218.61 million pounds) investment, lawyers representing Elliott said on Monday.

Football 26 Mar 2017 | 2:04 AM

Chinese investors create new firm to finalise purchase of AC Milan

ROME (Reuters) - Chinese investors set to buy AC Milan have created a new company structure in Luxembourg to finalise acquisition of the Serie A soccer club, a spokesman for the consortium said on Saturday.

Other Sport 24 Mar 2017 | 11:10 AM

Australian Rules - 'Footy diplomacy' paves way for push into China

MELBOURNE (Reuters) - Grabbing a slice of China's huge market has proved elusive for an array of foreign sports but the full-contact game of Australian Rules is planning to tackle the nation head-on with a soft-power offensive backed by business and diplomacy.

Football 23 Mar 2017 | 5:34 PM

Empty offices, wary lenders - China's faltering bid for AC Milan

CHANGXING, China/MILAN (Reuters) - The paper trail for an $800 million bid by little-known Chinese investors for AC Milan, the seven-time European soccer champions, leads via Luxembourg, Hong Kong and a network of shell companies to the deserted 11th floor of the World Trade Centre in Changxing, two hours west of Shanghai.

Football 04 Mar 2017 | 1:33 AM

Chinese investors committed to AC Milan deal despite delay

MILAN (Reuters) - The Chinese investors due to buy Italian storied soccer club AC Milan said on Friday that they remained committed to the deal and that the delays in the closing were out of their control.

Football 01 Mar 2017 | 4:19 AM

Chinese investors looking to postpone closing of AC Milan deal

MILAN (Reuters) - The Chinese buyers that committed to the acquisition of prized Italian soccer club AC Milan are looking to further postpone the closing of the deal, two sources close to the matter told Reuters on Tuesday.

Football 28 Feb 2017 | 4:01 AM

Palermo's tempestuous chief Zamparini resigns after 15 years

ROME (Reuters) - Palermo president Maurizio Zamparini has quit his post with the Serie A club, he said on Monday, after overseeing nearly 40 coaching changes during 15 turbulent years at the helm.

Football 22 Feb 2017 | 12:24 AM

Chinese buyers set to finalise AC Milan deal March 3 - sources

MILAN (Reuters) - The sale of prized Italian soccer team AC Milan to a group of Chinese investors is set to be finalised on March 3, two sources close to the matter said on Tuesday, in what would be the biggest Chinese investment in a European club.

Football 26 Jan 2017 | 10:29 PM

China's Lander Sports agrees to buy stake in Saints

SHANGHAI/BENGALURU (Reuters) - Southampton were set to become the latest English Premier League team to get Chinese investment, with stadium builder Lander Sports Development <000558.SZ> saying on Thursday it was taking a stake in the club.