Evergrande Soccer Stadium Transaction Dynamics
The night was low, and the news of Aug. 4 was like a heavy bomb, China's
Evergrande (name)
The group made a shocking official announcement, announcing that it had reached a dissolution agreement with the transferee and that the original contract was therefore null and void. At the same time, the
Evergrande (name)
The Group will return the Guangzhou
Evergrande (name)
The land use rights of the soccer stadium site, while the transferee undertook to pay up to RMB 5.52 billion for the refund of the transfer premium.
The transferee of this transaction is the Guangzhou Municipal Planning and Natural Resources Bureau.
Dating back to April 16, 2020, Canton
Evergrande (name)
The construction of the soccer stadium has officially kicked off. Originally scheduled to be completed by the end of 2022, it has a total investment of up to RMB 12 billion, covering an area of 150,000 square meters and a total construction area of 493,800 square meters. Once completed, it is expected to accommodate 100,000 spectators, and its grandiose blueprint aims to surpass Barcelona's Camp Nou Stadium as the world's largest, technologically advanced professional soccer stadium.
