Southampton deal: Extra time for China soccer spree

Beijing may have thought it had called the final whistle on expensive football deals, but more sales are in the pipeline after a Chinese tycoon snapped up a top English club.

Who said China’s overseas football dealmaking was doomed

Monday's news that English Premier League club Southampton was now in Chinese hands proves otherwise and dealmakers believe it could kick off a new round of purchases, as Chinese buyers take inspiration from how the Southampton deal managed to feint past Beijing's MA restrictions.

Gao Jisheng, founder and chairman of Chinese stadium builder Lander Sports Development, formerly Lander Real Estate, has bought a controlling stake in the club known as The Saints, the latter confirmed on August 14.

It puts an end to the a year or so of talks between the two parties. Gao...

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