Former Liverpool FC players Michael Owen and Mark Wright announced on Tuesday that they are set to open soccer schools in China and their company will be named Red Sports.

The said facilities will specialize on "the development of soccer schools and coach education programs" in the Far East nation in support of Chinese president Xi Jinping's vision of making the country a "world football superpower by 2050" and to "develop a national team capable of winning the World Cup," the Daily Post reported.

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Red Sports aims to help the government and private sectors in the country to train and develop soccer coaches, establish football academies, and finally building grassroots soccer schools, the article continued.

"To improve the future of the (China) National Team you have to start at grassroots level," Owen said during his message at the International Festival of Business in Liverpool. "Our program will provide children in China with the opportunity of learning about football and the benefits of a healthy lifestyle and improved fitness."

Owen also noted that their plan is to keep a continuous "stream of talented youngsters" that will be trained to one day be available to join Chinese professional clubs and the national squad, which he said will "undoubtedly benefit" the nation's goals when it comes to the sport.

Meanwhile, Wright said that their team is "delighted" to collaborate with the Chinese government regarding to the country's future in football and that they are amazed by their reaction to the suggested plans.

"We will be utilizing not only mine and Michael's experience but we have also secured a stable of high-profile former footballers who will be assisting in the delivery of the programs," Wright added, as per the Liverpool Echo. "This puts Red Sports in a unique position to develop future talent with the use of Legends within the game."

The announcement was made in front of over 60 prestigious China football representatives during the second day of the International Festival of Business held at the Exhibition Centre Liverpool.

TagsChina Football, China Football News, Liverpool FC, Michael Owen, Mark Wright