Saturday June 6, 2020

This Chinese football club is worth more than AC Milan

Chinese real estate company Sinobo Land bought 64 per cent stake

29th January, 2017
Ultra supporters and fans of the Beijing Guoan FC celebrate together after a goal against Chongqing Lifan FC during their Chinese Super League match Pic: Getty

A recent investment in Chinese football club Beijing Guoan pegs the value of the club at more than $800 million, putting it on par with some of the best teams in the west, including seven-time European champions AC Milan.

Beijing-based property developer Sinobo Land agreed to buy a 64 per cent stake in the club at such valuations, taking over from previous owner, Chinese conglomerate Citic.

The valuation is higher than the €740 million fetched by AC...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures

Tom Maguire | 1 month ago

What’s coming up today and what you might have missed

Hannah O’Brien | 5 months ago