**Maverick Capital and Lehman Optoelectronics Partner to Boost the Chinese Sports Industry**
*Date: March 13, 2015 09:33*
The domestic sports industry is currently experiencing significant growth, supported by both government policies and financial backing. Yesterday, Maverick Capital Management Group and Lehman Optoelectronics announced a strategic partnership to support the China Football League. As part of this collaboration, Maverick Capital has officially become a sponsor of the 2015 China League. The two companies plan to leverage their strengths to bring internet finance into the sports sector, driving innovation in business models through financial creativity and industrial integration.
According to recent reports, Maverick Capital has been rapidly expanding its presence in fields such as internet finance and inclusive investment. Peng Tie, Chairman of Maverick Capital, emphasized that the company has a strong interest in sports and places great value on the synergy between its corporate culture and sports culture.
This partnership with Lehman Optoelectronics marks another step in Maverick Capital’s foray into sports marketing. In 2013, the company sponsored the Shenzhen Football Club, and in 2014, it signed a strategic cooperation agreement with the NBA's Dallas Mavericks, becoming the first Chinese internet finance firm to enter the NBA.
Looking ahead, Peng Tie stated that Maverick Capital will deepen its collaboration with Lehman Optoelectronics, increase investments in the sports industry, and establish merger and acquisition funds together. The goal is to create a “1+N†investment and financing model, aiming to generate greater value through strategic acquisitions and integrations.
Li Man Tie, Chairman of Lehman Optoelectronics, shared his vision for the future, stating that the company will focus on leveraging its expertise in football to build a comprehensive ecosystem within the sports industry. He expects that sports-related businesses will eventually surpass the company’s traditional core operations. Li added that with growing interest from various investors, many well-known companies are entering the sports sector. Lehman Optoelectronics plans to strengthen its position across the entire football industry chain, capitalizing on its current leadership in the Chinese Super League and China League A. The company aims to expand further into all aspects of the football market, contributing to the overall development of Chinese football.
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