According to Qingdao Daily's latest report, Qingdao Football Club, which was relegated from the Chinese Super League to the Chinese First Division last season, recently submitted a detailed letter to the Municipal Sports Bureau and the Municipal Football Sports Management Center, detailing the team's decision to withdraw from the Chinese Professional Football League. (
) In the article on Qingdao Football Club's withdrawal from the Chinese Professional Football League, the club confessed that in the 2020-2021 season, they, as a new force in the Chinese Super League, suffered a crisis of broken capital chain, coupled with the private lending problems left by the former shareholders, which made the team carry a heavy burden of debt, and even faced the severe situation of account blocking, and also had an adverse impact on the investor, the Yellow Sea Group The team also had a negative impact on the investor, Yellow Sea Group. At the same time, the normalized centralized match system and the "neutral name" policy of the Chinese Super League during the epidemic made the club's operation even more difficult, and a number of sponsorships failed to materialize, which ultimately led to the team's unfortunate relegation in the 2021 season. In the face of such a severe situation, combined with the current great difficulties in the operation of the club, we have to regretfully announce the withdrawal of the Chinese Professional Football League. Looking to the future, the club will focus on the development of youth training and school soccer, and make a public statement in this regard. We would like to express our heartfelt thanks to all sectors of the community for their long term care, support and help to Qingdao Football and wish Qingdao Football even more brilliant achievements in the future. Regarding Qingdao Football Club's withdrawal from the competition, the relevant person from the Municipal Football Administration Center said: "Although we are very sorry for this decision, we will work together with the Municipal Football Association and the club to properly deal with the subsequent related matters. For the club's future sustained development in the field of soccer, we will give our full support and provide the necessary assistance in participating in soccer tournaments at all levels and carrying out soccer youth training."
