The Daily Mail:
Late last year, state-backed investment firm China Media Capital was part of a consortium that bought a $400 million stake in Premier League giants Manchester City.
The enthusiasm has driven the premium prices for talent, according to Rowan Simons, an author and prominent commentator on Chinese football. "The buying spree is spurred on by the wish to please the president, so money is no object", said Simons, adding that the country "is a naive new buyer in this very small market and is ill-equipped to negotiate effectively against the super-agents who wrote the book".More in the Daily Mail.
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