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Sheep magazine Archive 2: issues 10-17

Lefty online magazine: issue 10, May 2016 to issue 17, November 2016

Lefty online magazine: issue 10, May 2016 to issue 17, November 2016

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Dr Tony Xia bought Aston Villa for an undisclosed sum thought to be<br />

around £52m in June, saying he wanted to restore the relegated club to<br />

its former glory and make it the “best known football club in the world”.<br />

Villa’s near neighbours West Bromwich Albion are on the verge of being<br />

sold to an investment group led by Chinese entrepreneur Guochuan Lai,<br />

while fellow Midlands club Wolverhampton Wanderers was bought by<br />

investment group Fosun International for around £45m last month.<br />

36<br />

Chinese investors’ sporting ambitions also extend to golf, with the<br />

Wentworth club sold to Reignwood for £135m in September 2014, while<br />

Dalian Wanda Group paid £320m for 92% of Sunseeker Yachts in June<br />

2013.<br />

Sovereign wealth fund China Investment Corporation is also a big<br />

investor in the UK. Its holdings include a £450m <strong>10</strong>% stake in Heathrow<br />

Holdings, the firm behind the UK’s hub airport, bought in November<br />

2012.<br />

So, while politicians encourage us to think Brexit is taking control of ‘our<br />

country’ ... bankers, big business, financiers and fat cats are selling<br />

Britain by the pound. I suggest you start practicing those chopsticks if you<br />

haven’t already ...<br />

SHEEP IN THE ROAD : NUMBER 14

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