Nice move! Chinese investors pick stake in French soccer club
By Xinhua in Paris | China Daily | Updated: 2016-06-14 07:54
A group of Chinese and American investors have bought an 80 percent stake in French soccer club OGC Nice, the club announced late on Friday.
The club plays in French Ligue 1, the top-tier of French soccer.
The two key investors are Alex Zheng, president of Plateno Group, a hotels company, and Chien Lee, founder and chief executive of NewCity Capital, the club said.
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