China Inc's US$3b land grab among Europe's soccer royalty
Chinese buyers, mostly unknown, go on shopping spree for clubs as Beijing aims to host and win the World Cup
Shanghai
IT was over lunch at his villa outside Milan with soccer "super-agent" Jorge Mendes that Italian tycoon Silvio Berlusconi realised an unpleasant truth: His storeyed club, AC Milan, needed cash, and plenty of it.
Mr Mendes, a source familiar with the matter said, was discussing the potential sale of Colombian star James Rodriguez from Real Madrid for 85 million euros (S$128 million) - cash that loss-making and debt-burdened AC Milan simply did not have.
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