Sheffield United is in discussions with Chinese investor

5 Oct, 04 | England | Clubs ownership & management

Font size:

The Championship club is in discussions with Deqing Zhang for investing ÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â£2m in the club. The potential purchase of shares by Zhang, which also owns Chinese Second Division club Gansu Pegasus, comes after he visited the club during the summer, and as part of the English clubÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬ÃƒÂ¢Ã¢â‚¬Å¾Ã‚Â¢s ÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â£8.9m share issue. The issue will see 50m shares taken up by a company indirectly controlled by the clubÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬ÃƒÂ¢Ã¢â‚¬Å¾Ã‚Â¢s current chairman Kevin McCabe ÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬ÃƒÂ¢Ã¢â€šÂ¬Ã…â€œ Scarborough Property Company plc.

Users may download and print extracts of content from this website for their own personal and non-commercial use only. Republication or redistribution of euFootball.BIZ content, including by framing or similar means, is expressly prohibited without the prior written consent of euFootball.BIZ.

Article URL: www.euFootball.BIZ/Clubs/681-Sheffield-United-discussions-with-Chinese-investor.html

Add to: Google