China Super League (soccer league)
The team Guangzhou City has recently completed a shareholding change, and it was rumored that Fortune Group, which has operated the team for 11 years, would withdraw completely and be taken over by the state-owned Guangzhou Automobile Group, which means that the soccer brand that has been in the south of the country for many years will be taken over by Guangzhou Automobile Group.
Guangzhou R&F
Officially gone into history.
According to Chinese sports media, the last two seasons have been affected by financial problems of the
China Super League (soccer league)
Team Guangzhou City (formerly known as
Guangzhou R&F
The team has recently completed its shareholding reorganization, with the state-owned Guangzhou Automobile Group taking over all the shares of the team. It is rumored that Fortune Group, which used to own the team, has decided to withdraw from the team, and the top management of the group is now studying the follow-up arrangements.
Fortune has invested more than RMB 3 billion in Guangzhou City since 2011, and has nurtured a number of Guangdong players. However, due to setbacks in the real estate business in recent years, the team has encountered operational difficulties, and has decided to withdraw from soccer, first disbanding the Hong Kong Premier League football team Fortune R&F two years ago, and now intends to withdraw from the game.
China Super League (soccer league)
Battlefield, even the annual $2 million sponsorship of the Guangzhou Primary and Secondary Schools Football League is intended to be suspended.
even though
Guangzhou R&F
The brand of soccer is coming to an end, but it is rumored that GAC would like to retain the team's operational staff. In addition to individual personnel changes in the coaching staff, inherited players, including Hong Kong midfielder Chan Chun Lok, will be expected to continue to stay with the team.
