Bolton Blog Zone

Who Are Potential Bolton Bidders ‘Shandong Luneng’?


We’ve been here before, hope is sometimes the most horrible of things, but a Chinese group were reportedly shown around the ground a few days ago, with ex-Wanderers backroom staff member Mark Taylor involved as a middle man.

But who are Shandong Luneng?

There could a bit of confusion here. Shandong Luneng are a Chinese club, who finished third in the Super League last year. They are owned by two separate entities – the Shandong Electric Power Group Corporation, who are the majority shareholder of that club, and the Luneng Group. However, as is the case in China, both companies are subsidiaries of the State Grid Corporation. It would probably be one of those two entities, rather than the football club, whose squad includes Marouane Fellaini and the former Southampton striker Graziano Pelle. But you never know.

Shandong Luneng do already have links with a number of football clubs around the world – Sao Paulo in Brazil, Adelaide United in Australia and Jubilo Iwata in Japan. What they consist of though, I wouldn’t know.

One major concern about Chinese ownership is cash flow – even if these people have money there have been problems getting it out of the country, which led to Tony Xia’s downfall at Aston Villa, while Reading failed to pay their players on time recently, although they gave the less than convincing excuse that it was a public holiday in China on the day payment was due.

Still, it seems a better proposal than Anderson or Bassiniā€¦

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