Wang Jianlin (centre), chairman of Dalian Wanda Group, and Atletico Madrid FC's president Enrique Cerezo arrive for a signing ceremony in Beijing. This week the Spanish footballl club reached agreement to move from the Vicente Calderon, their home for 50 years, to the new stadium to be renamed Wanda Metropolitano after their sponsors. Wanda has had ties with Atletico since January 2015, when it acquired 20 per cent of the club.