Chen Xuyuan, president of the Chinese Football Association (CFA), has been indicted. Prosecutors accused him of illegally accepting property from others during his time at Shanghai Group and CFA in a particularly large amount. They should be held criminally liable for accepting bribes in accordance with the law.
According to the relevant laws of China, the "particularly large amount" of passive bribery means that the amount is more than 3 million yuan, and should be sentenced to fixed-term imprisonment, life imprisonment or the death penalty for more than 10 years. It can be seen that Chen Xuyuan's problem is very serious. This article will take you to review the past few years Chen Xuyuan's three questions about money problems.
On August 17, 2021, Xie Hui, then head coach of the Nantong Zhiyun team in the Central League, broke the news that Shanghai SIPG had spent 12 billion yuan to win the championship at a drinking party with friends. Because Xie Hui had been the coach of the Shanghai team from 2014-2020, his revelation was so credible that it immediately caused a public uproar. In the end, Xie Hui was forced to resign from the Nantong team because of his words.
After graduating from high school in 1973, Chen Xu came to work for the Shanghai Port Group (formerly known as: Shanghai Port Authority). It was when he was the chairman of Shanghai Port that the group decided to enter soccer in a big way, spreading gold dollars with Evergrande, Huaxia Happiness and other real estate groups, which to this day maintains the top two signing values in the Chinese Super League. The question is, does it make sense for the Port of Shanghai, a state-owned enterprise, to spread so much money on soccer, and what's in it for 12 billion dollars in exchange for a Chinese Super League title?
In order to cool down the overly frantic soccer transfer market, the CFA introduced a signing adjustment fee system in 2017. When clubs bring in players worth more than 45 million yuan, they must pay the equivalent of more than a fraction of that amount to the FA. Under this system, the FA has booked 1.8 billion yuan in signing adjustment fees in recent years.
In 2019, Chen Xuyuan entered the main football association. At the same time, Shanghai Shanghai Ports brought in foreign player Arnautovic for 25 million euros. When Shanghai Group released its annual report the following year, it was suddenly discovered that Shanghai Ports had not paid a whopping 150 million yuan in signing adjustment fees. Shanghai Port Group explained that this was because the Football Association could not issue invoices and, as a state-owned enterprise, could not transfer money.
In response to the Shanghai Group's explanation, the FA admitted that it really couldn't issue an invoice, but said it had never used the signing adjustment fee lying in its bank account. However, in recent years, due to the real estate winter, the financial situation of the Chinese Super League clubs is generally poor, the clubs hope that the Football Association will be able to return the signing adjustment fee, but at this time the Association can not get the money. According to CCTV Football Night reporter Ran Xiongfei, he couldn't get it because the FA had already misappropriated the signing adjustment fee. Now, Chen Xuyuan must explain where this huge sum of 1.8 billion yuan has gone.
Due to well-known reasons, most of the matches for the Chinese men's soccer team in the last World Qualifier were scheduled to be held in the Gulf region. Every time the national soccer team went abroad, Chen Xuyuan would personally lead a huge logistic team abroad and set up luxury hotels there for the national soccer team to prepare for the matches.
According to Li Xuan, the domestic director of the soccer newspaper, while overseas, Chen Xuyuan arranged for people to play cards with him every night. It was a purely poker game and a related passing of benefits, using poker as a cover. Let's wait for the results of the investigation by the relevant authorities. But it is certain that Chen Xuyuan's accompanying the team did not help the national soccer team's performance. The national soccer team only ranked second to last in the group in the 12-team tournament and ended up missing the World Cup again.
Chen Xuyuan started out as an ordinary dock worker and worked his way up to become the chairman of a large state-owned enterprise. His life is a very inspiring story, but eventually he falls into greed.
