China’s Dalian Wanda buys 20 Percent Stake of Spain’s Atletico Madrid

Dalian Wanda Group has bought 20 percent of Spanish soccer champions Atletico Madrid./万达集团已出资收购马德里竞技足球俱乐部20%的股权。

China’s biggest property conglomerate, Dalian Wanda Group has bought 20 percent of Spanish soccer champions Atletico Madrid. The company will pay 45 million euros ($52 million) for the stake, making the first Chinese company to invest in a top European football club.

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