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Dalian Wanda Group back to support Chinese soccer

By Tang Zhe | China Daily | Updated: 2011-06-16 08:11

Dalian Wanda Group back to support Chinese soccer

BEIJING - Chinese company Dalian Wanda is set to provide considerable financial support to Chinese soccer through a comprehensive agreement with the Chinese Football Association (CFA), according to reports.

The company, whose assets are estimated at 140 billion yuan ($21.6 billion) through its ventures in commercial properties, luxury hotels, chain stores and tourism, will invest in the Chinese Super League (CSL) and play a significant role in the management of the competition.

It will also sponsor the league in the name of "Dalian Wanda Plaza CSL" from this season, Titan Sports newspaper said.

Dalian Wanda Group back to support Chinese soccer

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