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發表於 2005-12-22 22:39:56
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Sheffield United set for takeover of China's Chengdu
Sheffield United set for takeover of China's Chengdu
December 21, 2005
BEIJING (AFP) - English second division side Sheffield United are only days away from acquiring a controlling stake in Chengdu Five Bull and becoming the first foreign club to control a Chinese team, officials said.
"We are going through the final procedures of the deal with the China Football Association (CFA)," China's football ruling body, an official surnamed Ren with the Chengdu Football Association told AFP on Wednesday.
"The CFA sees this as a good thing so we think it will only be a matter of days (before approval is granted)."
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The two clubs reached a deal in principle last week, Ren said.
He refused to disclose how much money was involved in the deal, but Chengdu Five Bulls were known to be in financial straits after a local cigarette company pulled out of its sponsorship deal with the second division club.
"This will be the first time that a foreign football club has the controlling stake of a Chinese club," said Ren, who was speaking from the office of the director of the Chengdu Football Association.
Although the go ahead from the CFA was expected in a few days time, the formal announcement was not likely to come until next month when Sheffield officials would come to Chengdu to begin management of the club, he said.
Chengdu, a southwestern city of some 11 million, is expected to offer Sheffield a huge fan base as the capital of Sichuan, one of China's most populous provinces with some 100 million people.
"We are taking the Blades global with the acquisition of the Chengdu Five Bull Football Club in China," Sheffield chairman Kevin McCabe said at the club's annual meeting last week according to the Sheffield Today website.
"Contracts have been exchanged at a price, which is not material to the Group and, subject to a number of conditions, we expect to complete the acquisition in the New Year."
Chinese veteran national striker, Hao Haidong, currently playing with Sheffield, was expected to return to China to help coach the team and smooth over the transition as the club takes on English-style management practices.
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發表於 2005-12-23 18:05:57
發表於 2005-12-25 20:29:24
