ACL ★★ Guangzhou FC, are you going to take it down in the air like this? Tens of millions of dollars in unpaid wages, dark shadows
Dec 17, 2024
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Guangzhou FC, which is struggling with financial difficulties, has a faint future. The Chinese soccer newspaper shed light on the current situation of Guangzhou FC, which was recently excluded from the list of teams that completed the liquidation of Chinese Super League (CSL) debt announced by the Chinese Football Association on the 16th (Korea time).
Guangzhou FC, which was demoted to the second division league last year, once reached promotion rights this season, but eventually failed to return to CSL due to a lack of hindsight. After the bankruptcy of its parent company Evergrande Group, it has continued its humble reality by sending out all of its main players and moving its home stadium, Tianhe Stadium, which used to be 60,000 seats, to the 13,000-seat Daeseon Stadium.
Despite this, the future is unknown as it is struggling with debt. The Chinese soccer newspaper reported that Guangzhou FC's debt is mainly the wages of players and coaches recruited in the past. He is holding back because he spent astronomical money to strengthen his power during the Evergrande Group days.
Guangzhou FC Chairman Liu Chen communicated with fans after missing the list of CSL debt-clearing clubs, saying, `We have done everything we can to raise funds, but the amount (to be paid back) amounts to tens of millions of dollars.'"Frankly, there is still a shortfall, but we will definitely hold out until the last minute. The fans also said, "Don't give up."
In order for Guangzhou FC to participate in the league next year, it will have to settle its debt before the second debt payment period set by the Chinese Football Association. The Chinese soccer newspaper said 'The announcement of the second debt settlement club will be announced around next week' Chairman Ryu said "Many have been working for the club for a long time, raising thousands of dollars. On the other hand, I want to be responsible for the players"Most people choose to give up and start over in this situation, but we don't want to. You have to go in the right direction beyond just surviving. "I chose the most difficult path in that I have to take responsibility for the future of the club." "I know many people are worried, but if everyone works together, Guangzhou FC will surely survive. We will overcome the difficulties with our fans."
This article was translated by Naver AI translator.
