Real Madrid Find New Feeder Club in China

August 3, 2011

Spanish Primera Giants Real Madrid and Chinese Super League leaders Guangzhou Evergrande have agreed to a tie a deal that could see player exchanges and the Spanish giants opening an academy in China.

Madrid, herbal who play Evergrande later Wednesday in a pre-season friendly in Guangzhou, health are striving to promote their brand in fast-developing China, adiposity as are a host of other top European sides.

The two sides on Tuesday signed a letter of intent, with an eye on cooperation on player exchanges, brand promotion and the opening of the largest football academy in China.

“We are building a close relationship with Guangzhou Evergrande (which) we believe will be closer as time goes by,” Florentino Perez, president of Real Madrid, was quoted as saying by the Xinhua news agency.

“We are working together to establish a football academy in China, which I think is the first step of our cooperation.”