Soccer

China Daily: Dalian Wanda to inject $77.3 millions to boost Chinese soccer

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China Daily: Dalian Wanda to inject $77.3 millions to boost Chinese soccer

BEIJING – Fresh from the recent disappointment of its Olympic team failing to qualify for next year’s London Games, the Chinese Football Association (CFA) launched a huge salvage campaign on Sunday by reaching a multi-million-dollar deal with a domestic company to support a new youth development program.

According to the contract, Wanda will inject 500 million yuan ($77.3 million) over three years to boost the sport in China in terms of youth development, domestic league upgrading, referee training and inviting world-class foreign coaches to help the men’s and women’s national teams…Continue reading

About Carrie Xu

Yanqin "Carrie" Xu is a Shanghai native, currently living in the San Francisco Bay Area and working for the Pac-12 Conference as Senior Manager, International. She is very passionate about sports and international collaboration, and is doing her best to bridge sports between the US and China. Carrie holds an MBA degree from University of Southern California (USC) and has worked for Nike China and Nike International Basketball previously. She was also a Vice President at USC Marshall Sports Business Organization. She can be reached via email at Carrie.Xu@chinasportsbiz.com.

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