Aerbin Group Chairman Buys Dalian Shide

November 6, 2012

Dalian Aerbin Group Chairman, Zhao Mingyang has bought Chinese Super League (CSL) club Dalian Shide,

Zhao said: “Aerbin has already bought the Dalian Shide football club with 320M yuan (US$51M).”

Aerbin will reportedly make decisions on the future of players at an Aerbin Group meeting on Wednesday. By buying the club, Aerbin Group, which owns Dalian’s other CSL club, also gains ownership Dalian Shide’s prestigious academy and training facilities.

Zhao is reportedly considering a merger of the two Dalian clubs but has not decided whether Shide will merge into Dalian Aerbin club or if a new entity will be created.{jcomments on}