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Chinese multi-millionaire Martin Lee was announced on Tuesday as the new owner of A-League club, the Newcastle Jets.

　　President and Chief Executive of Chinese company Ledman Optoelectronics Martin Lee (L) shakes hands with Football Federation Australia (FFA) CEO David Gallop during a press conference in Newcastle, Australia, June 14, 2016. Chinese multi-millionaire Martin Lee was announced on Tuesday as the new owner of A-League club Cheap Miami Marlins Jersey , the Newcastle Jets. After months of negotiations, Lee and his Ledman Group, a major LED lighting manufacturer, have reportedly bought the Jets for 4.1 million U.S. dollars. This is the first major Chinese investment in the A-League's 11-year history. (XinhuaZhu Hongye)

After months of negotiations, Lee and his Ledman Group - a major LED lighting manufacturer - have reportedly bought the Jets for 4.1 million U.S. dollars. This is the first major Chinese investment in the A-League's 11-year history.


The Jets are one of 10 teams who make up Australia's premier men's football league - the Hyundai A-League - and are governed by Football Federation Australia (FFA).


The Jets have been under the FFA's ownership since May last year Cheap Los Angeles Dodgers Jersey , after former owner Nathan Tinkler's licence was terminated. Lee was named on Tuesday as the Jets' fourth owner in just 11 years.


Lee is the president and chief executive of Chinese company Ledman Optoelectronics. The company was valued at 1.04 billion U.S. dollars on the Chinese stock exchange.


The Ledman group already owns Chinese lower-tier club Shenzhen Renren FC, sponsors the Chinese Super League and is the naming-rights sponsor for Portugal's second division.


At his media conference in Newcastle, Lee said he was excited about the future of the Jets.


"We see a bright future for football across Asia and the Hyundai A-League is at the forefront as one of the top professional leagues in the region," he said.


"The investment aligns with Ledman's activities in several sectors of the sports industry and I'm excited by the potential of the club."


Another strong focus is that Lee will be to continue to work with the Newcastle community.

　　President and Chief Executive of Chinese company Ledman Optoelectronics Martin Lee addresses a press conference in Newcastle, Australia Cheap Los Angeles Angels of Anaheim Jersey , June 14, 2016. Chinese m. College Jerseys Cheap NHL Jerseys China Jerseys China Jerseys China Custom NHL Jerseys Cheap Authentic NFL Jerseys Cheap Authentic NCAA Jerseys Cheap Nike NBA Jerseys Cheap Authentic Jerseys Wholesale College Hockey Jerseys Cheap

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