According to reports, the Chinese Football Middle League ended on December 18th, and Guangzhou managed to relegate with an all-Chinese squad. The young players performed well in the game. However, the biggest difficulty they face is still the survival of the next season.
The deadline for entry materials for the 2024 professional league season was Dec. 5, and the third-tier leagues submitted those materials to the CFA, with most clubs completing them by that point, as did Guangzhou.
However, according to Football Daily, Guangzhou still owe Cannavaro around €1 million in salary, which is estimated to be around 7.75 million yuan based on the current exchange rate.
In view of the current business situation of Guangzhou team, it is not realistic to pay 1 million euros immediately to repay the historical salary arrears of Cannavaro. Therefore, the Guangzhou team's consideration is to solve the problem in installments, and try to win the understanding of the former team's meritorious coach, Cannavaro, to tide over the difficult times together with the team. Judging from Cannavaro's history of coaching Guangzhou, the Italian coach has deep emotions towards the team, and he probably won't stand by and watch Guangzhou lose their qualification for the professional league.
Guangzhou team in addition to Cannavaro's history of unpaid salary problems, there are other coaches and players history of unpaid salary problems, the total amount of tens of millions of dollars between, for the current Guangzhou team is also a major difficulty.
