Alibaba leave Greentown hanging to make the CSL rich richer and poor poorer

Amidst the fanfare of Alibaba and Jack Ma’s multi million euro investment in Guangzhou Evergrande, with fans and pundits alike lining up to say express how vital this investment is for Chinese football is, one part of China is not cheering. Just one month ago, as reported by this website and others, Alibaba agreed to […]

Alibaba buy 50 percent stake in Guangzhou Evergrande for €140 million

Jack Ma’s Alibaba company have bought a 50 percent stake in current Chinese and Asian football champions Guangzhou Evergrande, parting with 1.2 billion RMB (140 million Euro) for their stake in the club. The investment was announced at Evergrande hotel in Guangzhou, where Ma met with Xu Jiayin, owner of the property development company, to […]

Jack Ma’s Alibaba to invest in Hangzhou Greentown football team

The owner of Hangzhou Greentown football club, Song Weiping, has revealed that he is set to sell a 49 percent stake in his club to Jack Ma’s Alibaba corporation—owner of successful online marketplace Taobao. Greentown had been thought to be pulling out of football entirely, with Song reportedly having invested over 2 billion RMB (240 […]

Names change, the game stays the same

Commerce and football – never the best of companions, particularly in leagues still struggling to establish themselves in a nation’s hearts. New York Red Bulls, anyone? The subject is a live one in Shanghai, as Shenhua’s new owners face an uncertain situation having discarded the name in favour of their own brand, then apparently agreeing […]

Atletico Mineiro tour: Ronaldinho to play China games

In conjunction with Chinese sports network Hupu, Brazilian side Atletico Mineiro will tour China between 19 and 29 June 2014, playing three friendlies against Super League sides. While foreign friendlies often draw a mixed response from Chinese fans, interest in the games are set to be high with the prospect of 2002 World Cup winner […]