A sporting revolution as China fast becoming a global football powerhouse

The most significant football event of the year may have been a meeting in Shanghai last week.

A sporting revolution as China fast becoming a global football powerhouse

The photographers picked up on José Mourinho signing shirts (still blue ones, for the time being) but that was just a sideshow. The occasion was the launch of a Chinese venture by Gestifute, the sports business headed by Mourinho’s agent, Jorge Mendes, in a partnership with Foyo, the “culture and entertainment subsidiary” of Fosun International.

Fosun is one of those big investment conglomerates that most of us have never heard of but which has a stake in everything. A German bank, an American insurance company, steel, pharmaceuticals, Thomas Cook and Club Med – and now football.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

Sport

Newsletter

Latest news from the world of sport, along with the best in opinion from our outstanding team of sports writers. and reporters

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited