According to Korean media reports:
Another one.
national soccer team
Team Closing.
China Super League (soccer league)
Chongqing Two Rivers Athletic Salon announced the closure of the salon on the 24th, the team, founded in 1995, has been operating for nearly 30 years and finally disappeared into history.
The reason for the closing of the Chongqing team was financial difficulties, and local media in China reported that Chongqing decided to close the salon because it could not deal with the ongoing financial difficulties. Chongqing's financial difficulties were so severe that it was unable to pay the salaries of the salon's staff and players.
Chongqing is a team not unfamiliar to Korean fans, with the current head coach being South Korean Jang Wailong, Lee Jang-soo who also coached the team between 1998 and 2001, and Jung Woo-young who played for the team.
Now.
China Super League (soccer league)
The league is in deep crisis. There was a time when every company was football-led and active in investing capital, but companies with soccer teams are facing a rocky ride due to the real estate bubble and the new crown epidemic.
As a result, as parent companies reduce their funding, more teams are unable to even pay their players properly, leading to a decline in the overall quality of our league.
China Super League (soccer league)
The team had a dismal showing in the AFC Champions League (ACL) this time around, with all the participating teams exiting the group.
The crisis reached its peak especially after the closing of the previous year's defending champion Jiangsu Suning.
