The owner of Nice also bought an English club
Blog of insider tips and predictions
A consortium, led by Chinese billionaire Chenon Lee, has redeemed the controlling stake of British Barnley`s football club, the team from the Championship said. The consortium, which has Chinese and American businessmen, replaces former owners of the club, the British family Crain. Lee, the founder of NewCity Capital, acquired 80 percent of the French elite Nice in June 2016. According to unofficial data, the deal is worth 20 million pounds and the consortium will acquire 98. 5 percent of the club`s shares.
Read all Blog of insider tips and predictions