The Wanda Group is set to invest $297m into the development of Chinese Football after selling its 17% stake in Atletico Madrid a year ago. 

As part of the investment, the group intends to build 23 soccer pitches and training fields in the city of Dalian. The facilities, which will apparently open in December, will accommodate up to 600 players and coaches.

Six of the new pitches will be equipped with lighting, two with an under-soil heating system and two other indoor pitches, one of which will be fitted with 5,000 seats.

They will also invest a further $7.4m each year toward football at ten primary schools in different districts and Dalian counties.