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Southampton signs Chinese firm as shirt sponsor

SOUTHAMPTON, England (AP) — Premier League club Southampton says it has signed a Chinese company which has yet to launch as its new shirt sponsor. Southampton says in a statement that LD Sports is a "sports content, marketing and entertainment platform, which is launching this summer for the Chinese market."

The value of the three-year deal was not disclosed. Southampton has had a majority shareholder from China, real estate developer Jisheng Gao, since August 2017. Gao Jisheng and his daughter, Nelly Gao, paid 210 million pounds (then $272 million) for an 80 percent stake.

Southampton says the new sponsor deal shows its "growing presence and reputation" in China.

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