<article>A group of Chinese and American investors have brought an 80 percent stake in French Ligue 1 soccer club <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=OGC+Nice">OGC Nice</a>, the club said on Friday without disclosing the fee.</article>

A group of Chinese and American investors have brought an 80 percent stake in French Ligue 1 soccer club <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=OGC+Nice">OGC Nice</a>, the club said on Friday without disclosing the fee.
The club said the two principal investors are Alex Zheng, president of hotel-owner <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=Plateno+Group">Plateno Group</a>, and Chien Lee, founder and chief executive of <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=NewCity+Capital">NewCity Capital</a>.
They have partnered with Paul Conway, who represents the <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=Pacific+Media+Group">Pacific Media Group</a> and a fourth investor, <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=Elliot+Hayes">Elliot Hayes</a>, also from the United States.
&#8220;We want to use our business contacts to develop the club in China,&#8221; the statement quoted Lee as saying.
Club president Jean-Pierre Rivere will retain a 20 percent stake in the club.
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Reuters

Chinese, US investors buy 80 pct of French football club Nice

Chinese, US investors buy 80% of French football club Nice

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Chinese, US investors buy 80% of French football club Nice

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