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HONG KONG (Reuters) - A year after China ordered public officials off the fairways in a crackdown on graft, the business of golf is betting hunger for the game among middle class fans and an Olympic medal for a home-grown star can drive the sport back to growth.
BEIJING (Reuters) - China Inc's record burst of investment in global soccer could leave investors burnt and out of pocket, says China's richest man, Wang Jianlin, in the highest profile warning yet on a $4 billion splurge since 2015 that has stunned European football.
SHANGHAI (Reuters) - A consortium led by state-owned financial conglomerate Everbright is not the only Chinese group to have looked at investing in English football giant Liverpool, with the club attracting interest from Fosun, property-to-film group Dalian Wanda and others, a person familiar with the matter said.
LONDON/SHANGHAI (Reuters) - It was over lunch at his villa outside Milan with soccer "super-agent" Jorge Mendes that Italian tycoon Silvio Berlusconi realised an unpleasant truth: his storied club, AC Milan, needed cash, and plenty of it.
RIO DE JANEIRO (Reuters) - Apple Inc is threatening to crash Samsung's expensive Olympics party.
MILAN (Reuters) - Fininvest, the family holding company lead by former prime minister Silvio Berlusconi, confirmed on Friday it had signed a preliminary agreement to sell 99.93 percent of Italian soccer club AC Milan to a group of Chinese investors.
(Reuters) - Olympique de Marseille's majority owner, billionaire businesswoman Margarita Louis-Dreyfus, has said it could take years to sell the Ligue 1 club.
RIO DE JANEIRO (Reuters) - "Pure Island: a neighbourhood born ready-made," reads the glitzy brochure for the 31 tower blocks built for $880 million (£668.6 million) to house athletes for the Olympics in Rio de Janeiro next month.
(Reuters) - Talent agency WME-IMG said on Monday it would buy mixed martial arts promoter Ultimate Fighting Championship (UFC) in a transaction a source valued at $4 billion (£3 billion), making it the world's biggest ever sports deal.
MILAN (Reuters) - Italian tycoon and former prime minister Silvio Berlusconi said on Tuesday he was close to sealing a deal to sell Italian soccer club AC Milan to a Chinese consortium.