Bullet 3:18 Fri Mar 13
China's richest man considering buying an English football club
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Been discussing an investment with London for the past year.
Looking to invest $1bn in UK. Mr Wang said that he been approached by several English football clubs. He has already acquired a 20% stake in Spanish club Atletico Madrid.
Ruddy Rubbery!
C&P BBC
China's richest man has said that he considers the UK the best place in the world to invest.
Wang Jianlin, chair of China's largest property company, Dalian Wanda, said the UK had one of the most open markets and that investment was not subject to the same scrutiny as elsewhere.
Mr Wang told the BBC he was looking to invest $1bn (£667m) in the UK entertainment industry.
He is also considering buying an English or Italian football club.
"I've travelled to many countries to consider them for investment, and most admire Britain's market," he said.
"Britain has one of the highest degrees of free market openness, no investment needs to be scrutinised, it's entirely up to you."
He said that he likes the US as well but the Committee on Foreign Investment in the US scrutinises investment and can block it.
He added that China needs to reform its own market.
Mr Wang is estimated to be worth $22.4bn and recently reclaimed the title of China's richest man, overtaking Jack Ma, the boss of e-commerce giant Alibaba, according to Forbes.
Global portfolio
Mr Wang has already made some eye-catching investments around the world. He purchased Sunseeker, the British yacht maker for the James Bond films; AMC cinemas in the US; and the Swiss company InFront, which holds TV rights for the Fifa World Cup.
He revealed that he has been discussing an investment with London for the past year. It didn't come to fruition but he is still seeking to invest $1bn in the UK.
In a wide-ranging interview, Mr Wang said that he been approached by several English football clubs but the key factor when it came to buying one was the price. He has already acquired a 20% stake in Spanish club Atletico Madrid.
When asked if he was concerned about the possibility of the UK leaving the EU after the upcoming referendum, he said that he wasn't.
"I don't think it is a big problem for me whether the UK is in the EU or not. It is a problem between the UK and Europe. The UK is relatively independent in the EU at present. It does not use the euro."
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Replies - Newest Posts First ( Show In Chronological Order)
Willtell
7:51 Tue Mar 17
Re: China's richest man considering buying an English football club
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How come?
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Sxboy_66
7:45 Tue Mar 17
Re: China's richest man considering buying an English football club
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Man who go to bed with sexual problem wake up with solution on stomach.
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The Cult Of Bill
7:19 Tue Mar 17
Re: China's richest man considering buying an English football club
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"2020 q8th March West Ham vs Man City in the champions league
China vs Saudi Arabia
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Swiss.
2:41 Tue Mar 17
Re: China's richest man considering buying an English football club
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Claret is a shade of red so he'll be in.
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Bullet
2:25 Tue Mar 17
Re: China's richest man considering buying an English football club
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Man who go to bed with itchy arse, wake up with smelly finger!
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MrCrowmanSir
12:23 Tue Mar 17
Re: China's richest man considering buying an English football club
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Happened to Man City with the Thai owner.
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1985
11:09 Mon Mar 16
Re: China's richest man considering buying an English football club
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What does he mean no investment needs to be scrutinised?
Hope he's not some bent dude who wants to chuck bent money into a football club.
Ends up in the clink in 5 years...
Carson yeung anyone? it's the sort of thing that would happen to west ham
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cuzoftheeast
11:06 Mon Mar 16
Re: China's richest man considering buying an English football club
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The Chinese bloke will clearly buy us
"East" london
Leyton orient
Wapping
Barking
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MrCrowmanSir
11:06 Mon Mar 16
Re: China's richest man considering buying an English football club
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"With football club comes much responsibility"
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eswing hammer
11:04 Mon Mar 16
Re: China's richest man considering buying an English football club
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Man who goes through airport check in sideways is going to Bangkok!
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cuzoftheeast
11:02 Mon Mar 16
Re: China's richest man considering buying an English football club
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Man who seduces woman on hill is not on the level
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eswing hammer
10:59 Mon Mar 16
Re: China's richest man considering buying an English football club
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Out of interest ,anyone know any Old Chinese proverbs?
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mentor
8:29 Mon Mar 16
Re: China's richest man considering buying an English football club
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The owners know they can't take us much further on their own.
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,
8:27 Mon Mar 16
Re: China's richest man considering buying an English football club
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God forbid we are taken over by foreigners.........it would be the destruction of our club as I knew it.
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franksfat&slow&wank
8:19 Mon Mar 16
Re: China's richest man considering buying an English football club
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Not sure they'd sell either
I think a new owner would fancy keeping Brady though ?
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Hugh Monteith
8:17 Mon Mar 16
Re: China's richest man considering buying an English football club
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The O S has caught his eye as a good money maker
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Sarah Ballpalsy
8:00 Mon Mar 16
Re: China's richest man considering buying an English football club
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I thought Jack Sullivan was being lined up to take over when his dad retires.
Can't see our lot selling, they don't need to. They will look for investment without losing control I think
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cholo
7:52 Mon Mar 16
Re: China's richest man considering buying an English football club
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Is this bloke a member of the harbin branch of the tony gale fanclub? The chances are he is.
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Hugh Monteith
7:35 Mon Mar 16
Re: China's richest man considering buying an English football club
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No beans just a sourse
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Ronald_antly
7:25 Sat Mar 14
Re: China's richest man considering buying an English football club
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Hopefully your next post will be from Harbin, where you will spill the beans.
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The Cult Of Bob
7:23 Sat Mar 14
Re: China's richest man considering buying an English football club
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Ok Hugh. Spill the beans.
What crisps does he like?
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