Football
Chinese billionaire swoops for Inter Milan
11 years agoSuning's Chairman Zhang Jindong attends a news conference with Chinese retailer Suning and Italy's Inter Milan in Nanjing, Jiangsu Province, China June 6, 2016. REUTERS/Aly Song
A Chinese billionaire with connections to President Xi Jinping announced a swoop for a majority stake in Italy's Inter Milan on Monday, the most prestigious football club acquired so far by Chinese investors.