You're reading: Financial Times: Dalian Wanda set to score 20 percent stake in Atletico Madrid

Financial Times: Dalian Wanda set to score 20 percent stake in Atletico Madrid

By Financial Times.
Wang Jianlin, CEO of Dalian Wanda Commercial Properties Co Ltd, arrives before the company's IPO at the Hong Kong Stock Exchange in the Central district of Hong Kong on December 23, 2014.
Photo by AFP

Wang Jianlin, chairman of the Dalian Wanda property group, has agreed to buy a stake in Atletico de Madrid football club, the latest move by China's second-richest man to build a global entertainment empire stretching from China's rust belt to the heart of Hollywood. 

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