BEIJING, Feb. 21 -- Manchester City owner City Football Group (CFG) announced a landmark investment in Chinese football with the purchase of a third-tier Chinese club Sichuan Jiuniu at a press conference on Wednesday in Chengdu.
CFG completed the investment along with AI & robotics company UBTECH and China Sports Capital, adding Jiuniu as its seventh football club investment.
The Chengdu-based Sichuan Jiuniu plays its home games at the 27,000-capacity Chengdu Longquanyi Football Stadium and will kick off its new season in March. The club was formed by the 2017 Sichuan National Games Under-20 team.
Jiuniu was the first third-tier side in history to reach quarterfinal stage in the Chinese Football Association Cup 2018.
City Football Group (CFG), established in 2013, is the owner of a number of football-related businesses around the world, including football clubs, academies, technical support and marketing companies. CFG's clubs include Premier League Champions Manchester City FC and New York City FC in Major League Soccer.
CFG's presence in China includes offices in Shanghai and Shenzhen, several commercial partnerships, community projects and football education as part of a Chinese Ministry of Education program.
Ferran Soriano, CFG CEO, said the purchase signaled its strong confidence in the future of football in China, and a natural extension of its existing activities.
"China is an extremely important football market," Ferran Soriano added, "We are making a long-term, sustainable commitment to grow and develop Sichuan Jiuniu FC and to nurture Chinese footballing talent. These objectives are equally important."
CFG will work with other shareholders to focus on strengthening Jiuniu's performance, forging a strong relationship with fans and building a strong presence in the community.
"We believe AI technology will promote the development of the football industry to a new level and we will focus on developing Jiuniu to be a century-old club," said Zhou Jian, CEO of UBTECH, which has been a commercial partner of Manchester City since 2016.
China Sports Capital is jointly founded by China Media Capital (CMC) Consortium and Sequoia China. CMC became a minority shareholder of City Football Group in December 2017.
China has boasted a booming football market since the issue of a reform plan in 2017. China's top league the Chinese Super League (CSL) hosts a plethora of football stars from Europe and South America.
2014年12月英语四级考试翻译参考答案
四级英语考试翻译提高训练(3)
2014年12月英语四级翻译答案及评析
如何翻译“稳健的财政政策和货币政策”
2015年春季四级讲义―英汉翻译技巧
四级英语考试翻译练习及解答(4)
2015年春季四级讲义―英译汉翻译步骤
2015年6月英语四六级考试翻译题目必背句型
2014年四级翻译密卷及流行词汇
2014年12月英语四级翻译答案及解析
名师点评2014年12月英语四级翻译题
2014年12月英语四级翻译与解析
四级英语常用成语的英汉互译词汇
2014年12月英语四级翻译点评
大学英语四级考试翻译的主要考点
破解四级汉译英
四级英语考试翻译提高训练(2)
2015年英语四级考试翻译突破训练55题
大学英语四级考前翻译必备的55句
2014年12月英语四级考试翻译解析
2014年12月英语四级翻译试题及答案(版)
四级英语考试翻译练习及解答(3)
2015年英语四级可能出现短文改错的注意事项
“简约而不简单”的句子翻译
2015年英语四级过关专项训练―英译汉
名师传授英语四级翻译破题的通用方法
大学英语四级英汉词汇互译的方法
2014年12月英语四级考试翻译点评
四级考试英译汉所需掌握4个原则
点评2014年12月英语四级翻译
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |