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Atletico stamp class over Real

Fresh from buying a 20 per cent stake, China's richest man hopes to strike gold in Spanish football

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Lee U-Wen

Lee U-Wen

Published Sun, Feb 8, 2015 · 09:50 PM

    Madrid

    WHEN Wang Jianlin, the richest person in China, bought a 20 per cent stake in Atletico Madrid three weeks ago, he described the 45-million-euro (S$69 million) investment in the Spanish football club as a bargain.

    The 60-year-old real estate mogul is known for his business acumen, having built up a fortune worth an estimated US$28 billion. Whatever he touches, he wants to turn it into gold.

    Football

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