A Chinese billionaire with connections to President Xi Jinping announced a swoop for a majority stake in Italy’s Inter Milan on Monday,the most prestigious football club acquired so far by Chinese investors. Zhang Jindong’s Suning retail giant will pay 270 million euros ($306 million) for approximately 70 percent of the three-time European champions, a []The post Football: Chinese billionaire Zhang Jindong swoops for Inter Milan appeared first on Hong Kong Free Press. Author: AFP.
Source: hongkongfp.com