Jiang Lizhang


Jiang Lizhang is a Chinese businessman who owns Granada CF in Spain's La Liga, having bought a controlling stake for over €37m. He is also a part-owner of the NBA's Minnesota Timberwolves, having bought 5% of the franchise for around €45m, in February 2019 Minnesota Timberwolves Owner Glen Taylor Buys Back 5% Of Team Stake From Jiang, He founded Desports in 2004 and sold the sports marketing company in 2015, while staying in an executive position. In addition, he owns 60% of Parma Calcio 1913, having bought his stake in June 2017. In January 2017, he bought 90% of Chongqing Dangdai Lifan F.C..
As of late 2016 he has been working on a takeover of the Belgian second division football club OHL, short for Oud-Heverlee Leuven. This attempt has been met with significant disapproval by the local community and the club's fans as well as local politicians, since the city of Leuven is the biggest stakeholder in the club and owner of the land on which the club's stadium is built.