Yao Ming Bought His Former Club Shanghai Sharks

July 15 2009 Yao Ming announced through Shanghai media he will buy all of Shanghai basketball club team’s shares, becoming the sole owner of the team. People praised Yao’s courage and sense of responsibility but could not help worry about him becoming the boss – how to put a precarious team back on track in the current non-profitable market. Being the owner definitely has more pressures and challenges than being a player, Yao Ming does not have an easy task in hand.