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The past two years have been “eventful years” for Chinese professional football. The recent investigation of the Chinese men’s football coach Li Tie has involved the old affairs of many clubs in Wuhan and Shenzhen, and high-level clubs and football associations have also been arrested.
The disbandment of the Wuhan Yangtze River Team is the fourth disbanded Chinese Super League team in the past three years. In May 2020, Tianjin Tianhai was disbanded; in February 2021, Jiangsu Football Club ceased operations; in May 2022, Chongqing Liangjiang Athletic was disbanded. In addition to the disbandment of the team, in addition, two teams from Hebei and Guangzhou were relegated.
If there is no skin, there will be no hair. The club’s financial inability to continue is rooted in the fact that the “governor” behind it already has serious financial problems. For example, Hebei China Fortune Land Development and Guangzhou Evergrande are both real estate developers. Everyone knows what happened in the past two years. Although Wuhan Zall is the “first brother” of a private enterprise in Hubei, its real estate business is also in deep crisis, and the club has a serious problem of wage arrears.
And the clubs that are still on the Super League list, some days are not easy. Jianye, behind the Henan team, is also a real estate developer. A few years ago, it was reported that the club owed wages for more than four months. There were even rumors that Jianye might withdraw, because Jianye was no longer able to protect itself, and its real estate projects were suspended for wage arrears. very serious.
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