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Premier League Probes Chinese Investors for Ties to Beijing

  • Chinese deals complicate rules barring multiple team ownership
  • Lack of transparency complicates checks on potential buyers
Bloomberg business news

U.K. Soccer Probes Ownership Goals of Chinese Investors

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U.K. soccer authorities are scrutinizing a flurry of Chinese investments in English Premier League clubs to try to identify who ultimately controls the funds flowing into the teams.

The league’s rules prohibit the same owner from holding significant stakes in more than one team to prevent conflicts of interest and match-fixing. Pinning down the owner can be challenging with Chinese bidders because the central government has a hand in so many investments and business records are not always transparent, one of the people familiar with the situation said.