The companies did not immediately give a figure for the investment, but Chinese state media reported earlier on Thursday it would total 1.2 billion yuan ($192 million).
Evergrande Group has begun work on what will be the world's largest purpose-built soccer stadium, with a capacity of 100,000 seats, in the southern city of Guangzhou, the Chinese real estate company has said. Construction of the Guangzhou Evergrande Soccer Stadium, also dubbed "Lotus Flower Stadium" for its design, started on April 16 and would cost around 12 billion yuan ($1.69 billion) to complete, the group said.
Barcelona have agreed a deal with Guangzhou Evergrande to sign midfielder Paulinho for 40 million euros, the Spanish club announced on Monday.
Lionel Messi has passed a kidney stone which ruled him out of their Club World Cup semi-final and Barcelona will now decide whether he will be fit for the final, the Spanish sports daily AS said on Friday.
Barcelona forward Lionel Messi was ruled out of their Club World Cup semi-final on Thursday after suffering from abdominal pain, the European champions said.
Former Chelsea striker Didier Drogba is not a transfer target for Chinese Super League champions Guangzhou Evergrande, coach Marcello Lippi has said.
Chinese Super League club Hebei China Fortune have appointed former Manchester City coach Manuel Pellegrini as their new manager, Chinese and British media reported on Saturday.
World Cup-winning coach Marcello Lippi added the Chinese Super League title to his long list of honours after a late goal by Gao Lin meant Guangzhou Evergrande became the first side to retain the title.
Real Madrid will help China set up the country's biggest soccer academy in the southern city of Guangzhou and send coaches to help train young talent, according to local media reports.
Guangzhou Evergrande began the defence of their Chinese Super League (CSL) title with a 2-0 victory against Shanghai Shenhua as the delayed 2020 campaign, revamped due to the COVID-19 pandemic, finally kicked off over the weekend.
The Chinese Super League will kick off on July 25 after a delay of almost five months from its scheduled start, the Chinese Football Association (CFA) said on Wednesday. The league was originally set to start on February 22 but was postponed indefinitely because of the spread of COVID-19, which first emerged in China late last year.
China captain Zheng Zhi was handed a four-match suspension by the Chinese Football Association (CFA) on Friday following his failure to lead his Guangzhou Evergrande team mates into a post-match handshake with match officials last weekend.
Football's winter transfer window closed on February 1, and, surprisingly, none of Europe's biggies made even a slight move, let alone sign a player.
Bayern Munich made predictably light work of Asian champions Guangzhou Evergrande, dispatching the Chinese side 3-0 in their Club World Cup semi-final and hitting the woodwork five times on Tuesday.
Southampton's 15 million pound ($19.19 million) purchase of Lazio centre back Wesley Hoedt brought the overall spend by England's 20 elite clubs to a record 1.184.9 billion pounds.
Brazil forward Robinho ended his third spell at Santos on Tuesday with local media reporting he was set to join up with former Selecao coach Luiz Felipe Scolari at Chinese champions Guangzhou Evergrande.
Manchester City midfielder Yaya Toure has said the abuse he suffered on social media is 'a disgrace' and called for world soccer's governing body FIFA to reassess the way they deal with racism.
Luis Suarez scored a hat-trick, including an exquisite second goal, as Barcelona strolled into the Club World Cup final with a 3-0 win over Asian champions Guangzhou Evergrande on Thursday.
Brazil coach Tite has recalled veteran central defender Thiago Silva to his squad for the World Cup qualifiers against Bolivia and Venezuela.
A summary of sports events and sports persons, who made news on Thursday
Referees will use the recently-developed vanishing spray at the World Cup next year to stop defensive walls creeping forward at free kicks, FIFA president Sepp Blatter said on Thursday.
Financial details of Oscar's transfer to Shanghai SIPG from English Premier League club Chelsea have not been released, but media reports have suggested Shanghai paid 60 million euros ($62.6 million) to lure the 25-year-old to the Chinese super league club.
Reports this weekend have claimed Bale will put pen to paper on a three-year deal with Jiangsu and earn a staggering one million pound per week as he leaves Real Madrid following a six-season stint during which the winger has won four UEFA Champions League titles and the 2017 La Liga crown.
List of international sports events affected by the coronavirus that has killed over 900 people and infected more than 40,000 in China
Carlos Tevez is getting paid 615,000 a week at Shanghai Shenhua, making him the world's best-paid player. His salary is now more than Cristiano Ronaldo's and Lionel Messi's!
His mere presence causes hysteria and pandemonium in the Land of the Rising Sun and he has no tennis equal in a continent heaving with 4.427 billion inhabitants, yet self-effacing Kei Nishikori thinks he is simply 'one' of the best players in Japan.
Angry Barcelona coach Luis Enrique blamed stupid mistakes after the La Liga pacesetters threw away a two goal lead to draw 2-2 at home to Deportivo La Coruna on Saturday. Barca have drawn their last two games in La Liga and could see Atletico Madrid draw level with them if they beat Athletic Bilbao on Sunday, ahead of their trip to the Club World Cup in Japan next week.
Even within China, economic slowdown and stiffer competition may hit growth.
Emirati Ahmed Khalil got a modicum of revenge on Guangzhou Evergrande captain Zheng Zhi when he pipped the Chinese to the Asian Football Confederation (AFC) Player of the Year award on Sunday.
News of all that's transpired on and off the football field
China's hopes of qualifying for next year's World Cup finals hang by the thinnest of threads after an injury time goal from Ahmed Al Saleh saw Syria hold Marcello Lippi's team to a 2-2 draw on Tuesday evening.
Chan Yuen-ting, the first female coach to lead a men's professional soccer club to a top-flight title, hopes her success with Hong Kong's Eastern will inspire other women to follow their dreams.
A gritty India survived waves of attacks from Qatar to hold the reigning Asian champions to a goalless draw to steal an unexpected point from their away match of the FIFA World Cup Qualifiers.
The Tokyo 2020 Olympics torch lighting ceremony in ancient Olympia will be the first in more 35 years to be held without spectators after organisers introduced tighter measures to protect against the coronavirus. Here is a list of international sports events hit by the coronavirus outbreak.
News of all that's transpired on and off the football field
News of all that's transpired on and off the football field
News of all that's transpired on and off the football field.
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