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BEIJING/SHANGHAI (Reuters) - In the high-stakes race to control soccer TV rights in China, with a potential market of hundreds of millions of fans, an electronics retailer is betting up to $2 billion that could give it a near monopoly on broadcasting the sport at home.
LONDON (Reuters) - Ron Dennis, the chairman of McLaren's Formula One team and separate sports carmaker, will step down from his role at the brand and sell his shares, ending a 37-year relationship which soured in recent months alongside race-track failings.
CHICHESTER, England (Reuters) - Britain must try to retain an influence over EU car rules after Brexit as any divergence in vehicle standards would add to local manufacturers' costs, sports carmaker McLaren Automotive said on Thursday, in the latest business warning to the government.
(Reuters) - Sunderland owner Ellis Short will remain in control of the club after proposed takeover talks collapsed, the English Championship club said on Thursday.
MILAN (Reuters) - The owners of Italian top-flight ACF Fiorentina are ready to sell the soccer club, a statement posted on the club's official website said on Monday.
SHANGHAI (Reuters) - Chinese stadium builder Lander Sports <000558.SZ> said late on Sunday it was terminating plans to buy a stake in English soccer club Southampton, citing uncertain factors wrought by changes in China's securities market and policies.
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.
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.
SEOUL/SHANGHAI (Reuters) - Chinese buyers including materials giant Amer International and CITIC Securities Co Ltd are readying a rival 246 million pounds bid for English soccer club Southampton, a person with knowledge of the plans told Reuters.
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.