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Chinese businessmen JIANG Minnesota chapter purchased shares

[Jun 29 2016 GMT]

Minnesota Timberwolves owner Glen - Taylor and Chinese businessmen JIANG chapter to Buy NBA 2k16 MT reach an agreement. JIANG Minnesota chapter will purchase some of the shares, becoming the owner of a small team, and he is NBA history as the first Chinese boss.

JIANG chapter, Fujian, born in 1981, had previously done sports media advertising salesman in 2004, Figo together a domestic men's brand advertising is via the bypass him. In 2005, Zhang JIANG any double-edged sword Sports Media president, has long been a number of Quanzhou shoes and apparel brand sports marketing push behind the hand.

Early last year, Taylor once announced plans to Memphis Grizzlies small business owners Steve - Sale of 30% stake in Minnesota Kaplan. But Kaplan hopes to become the largest shareholder Minnesota, Taylor and unwilling to let go. Early this year, the negotiations collapse, according to complete.

JIANG Zhang had just completed a Spanish Granada CF acquisition of shares. According to previous reports, JIANG chapter Granada club bought 98.13% of the shares, became the largest shareholder of the club.

This time, JIANG Zhang again shot purchase the Minnesota Timberwolves a 5% stake, and he also will buy Minnesota Lynx WNBA team a 5% stake. In addition, the Wolves boss Glenn - Taylor also told the New York real estate big Hengmeiyeer - sold some shares Auerbach team.

In the past five years, Taylor has twice tried to Cheap NBA 2k16 MT sell shares in the team, but without success. Union sources, the current market valuation of about Minnesota's $ 1 billion. The JIANG chapter and Auerbach's shares, so that Taylor's position more secure. Minnesota is expected to be officially announced this week.