Chinese billionaire takes 20 % stake in Atletico Madrid . Diego Simeone 's pays $ 23 million through his company Wanda Group . By 2017 , the 60-year-old Wang aims to be making annual investments of $ 23 million to support the development of 180 young Chinese players in Spain , an initiative dubbed China 's `` Future Star Program . '' Trend of Chinese businesses investing in football . Wang wants to pave way for young Chinese players to play in La Liga .
Chinese billionaire takes 20 % stake in Atletico Madrid . Diego Simeone 's pays $ 23 million through his company Wanda Group . Trend of Chinese businesses investing in football . Wang wants to pave way for young Chinese players to play in La Liga .