Third-tier Pavia Calcio are set to
become Italy's first Chinese controlled professional soccer
club.
The Zanchi family, which holds 90.5% of the shares of the
northern Italian side, reached an agreement overnight to sell
their stake to a Chinese investment fund, Pingy Shanghai
Investment, after weeks of negotiations.
Two of the clubs in the Italian top flight, Serie A, are
controlled by overseas investors.
They are AS Roma, which was taken over by a Boston-based
consortium in 2011, and Inter Milan, who saw a group led by
Indonesian businessman Erick Thohir assume control last year.
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