The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

FEATURE-Soccer-Jets seek take-off under Chinese owner after turbulence

Contributed by NAMPA / Reuters.

By Ian Ransom
MELBOURNE, Aug 9 (Reuters) - The flood of Chinese cash reshaping world soccer has not only swept up some of the game's biggest clubs, coaches and players but also found more humble investments like Australia's Newcastle Jets.
The battling A-League club was bought by China's Ledman Group for A$5.5 million ($4.34 million) last year, a trifling amount compared to the fortunes lavished for minority stakes in big European teams, but enough to make the Jets the first top-flight side whol ...

 

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