China’s Dalian Wanda Buys 20% Stake in Athletico Madrid :

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China’s Dalian Wanda Buys 20% Stake in Athletico Madrid

China’s Dalian Wanda Shoots, Scores with 20% Stake in Atletico Madrid

Jan 21, 2015 02:07 PM EST

Real estate giant Dalian Wanda Group has become the first mainland Chinese company to own part of an elite European soccer team, acquiring a 20 percent stake in Spanish league soccer champions Atletico Madrid for 45 million euros ($52 million).

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