Tuesday, December 06, 2005

Sheffield United expected to purchase China club

English Championship club Sheffield United is reportedly "close to buying a Chinese club". According to Soccer Investor (6 Dec), sources close to the club said preliminary terms have been agreed and both parties are going through a due diligence process. Blades chairman, Kevin McCabe (pictured), who has a number of business interests in China separate from the club, confirmed the possibility to BBC radio.

Sheffield United has been steadily strengthening its football ties in China and has established the Hainan Football Academy to train young Chinese players on that large island off the coast of southern China. In addition, a Chinese-English language school will be established in the Sheffield United Academy for those young players who gain a chance to graduate from the Chinese Academy and come over to England.

The stock exchange-listed club conducted a pre-season tour of the People’s Republic playing games in Hangzhou, Shenyang and Changsa and recently acquired Chinese international Hao Haidong.

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