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"NICE: A group of Chinese and American investors bought 80 per cent of French Ligue 1 side Nice on Friday, the club announced.President Jean-Pierre Rivere maintains 20% of the shares and he insisted that the governance of the club remains unchanged.He as well as director Julien Fournier will stay in charge for a `minimum of three years`.The new shareholders are Sino-American Chien Lee and Chinese businessman Alex Zheng, described as `men who are active in the hotel, tourism and property business`", www.brecorder.com
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