China Buying 15% Stake Of Inter Milan

A Chinese construction firm is set to buy a 15% stake in Italy's premier league football club Inter Milan.

China Railway Construction's investment is worth 55m euro (£43.4m), according to Reuters news agency.

Reports also reveal that the group has plans to build a new stadium for the Milan-based football team by 2017 and is trying to identify a site.

The multi-million pound deal will make the group of investors the club's second biggest shareholder.

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