LONDON/SHANGHAI (Reuters) - A Chinese magnate has agreed to buy historic English football club Aston Villa, the latest in a series of investments from China into football worldwide as President Xi Jinping looks to make the country a global powerhouse in the sport.
The deal, reportedly worth 60 million pounds ($88 million), will see the chairman of little-known Recon Group, Xia Jiantong, become the first mainland Chinese to fully own an English team.
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