A Far East consortium has agreed a conditional £130m takeover of Hull City, according to a document filed to the Hong Kong stock exchange. However, the agreement with Greater China Professional Services Limited is subject to Premier League and FA approval and is not legally binding.

The new Chinese owners of Birmingham City have vowed to take the English club “from strength to strength” after becoming the latest Asian group to invest in European football.

HNA Holding Group, the Chinese tourism and property investment company, has agreed to buy eight golf courses in Washington State in the United States for US$137.5 million, as it seeks to boost its portfolio overseas.

China’s Guirenniao acquires the trademark operation right of U.S. basketball equipment company AND1 for $26m

Statistics in 2016 Sports Start-ups White Paper showed that in the 15 months between January 2015 and March 2016, early-stage start-ups in the sports industry have recorded 257 financing deals, involving CNY17.4bn worth of funds. Within this period, an increasing number of venture capitals, private equity funds and listed companies have made inroads into the sports industry, with most of the capital flooded into the areas that integrate...

Palermo president Maurizio Zamparini is set to sell a majority stake in the club to a Chinese state fund, who would invest 200 million euros in the Sicilian team, he said on Wednesday.

The British Motorsport Festival provides a great family day out, with activities for everyone from serious racers, amateur club speedsters, vintage car fans, karting enthusiasts, young adults and kids too.

Chinese business group Citic Group is "concluding its move to become a majority shareholder" in La Liga side Celta Vigo by purchasing the majority shareholding owned by club President Carlos Mouriño, according to MARCA.

2016 China International Winter Sports Industry Conference and Exhibition (IWSI 2016) is the main way to explore the Winter Olympic cultural technology, Winter Olympic Games city tourism, snow and ice sports, snow and ice industry investments and financing and other fields. Starting this year, IWSI will be held every year to build a platform for business exchanges and cooperate the integration for winter sports industry resources and promote the...

Boston hedge fund manager James Pallotta is considering selling a stake in the Italian soccer team AS Roma, according to people familiar with the matter.