Soccer: Pavia to be Italy's first Chinese-controlled club

Third-tier outfit to be bought by Pingy Shanghai Investment

(ANSA) - Pavia, July 4 - 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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