On the occasion of the spring return to the earth, the Chinese Second Division powerhouse Shanxi Longjin Football Club released a heavy news: due to the financial chain breakage, the team announced its withdrawal from the professional league. The official statement emphasized that the team has no salary arrears, but due to the failure to pay the 600,000 yuan deposit on time, unfortunately lost the qualification.
in-depth analysis
-- The deposit is collected by the FA to prevent dropouts and is fully refundable at the end of the season.
The original official club announcement is below:
Dear fans and friends, in this season of spring, we have to announce a heavy news to you. Shanxi Longjin Football Club failed to qualify for the new season after passing the CFA's admission audit for various reasons, so we can only withdraw from the stage of the professional league in disgrace and bid farewell to this land full of memories. We would like to express our heartfelt thanks to all the friends who cared and supported us! Although the time was short, the good memories will be engraved in our hearts forever! At this time of parting, there are a few words I would like to share with you:
First, we make sure that the team is free of unpaid wages.
During the epidemic, our soccer industry faced heavy difficulties and many clubs were in trouble. Although Shanxi Longjin encountered many challenges during the season, with the joint efforts of the coaches and players as well as the support of the fans, we still achieved a good result of sixth place in the China B League. The club has been sticking to the bottom line and putting people first in the tough times, and has used all the 3 million dollars in the account to pay the team's salary, which ensures that the team does not have any unpaid salary.
Secondly, we are faced with a hopeless dilemma.
In the new season, we are actively preparing for the Central B League, and at the same time, we are ready to be handed over to the Central A, to create a new chapter for Shanxi professional soccer. However, the reality gave us a heavy blow. Due to the epidemic and other factors, the club had cash flow problems and was unable to pay the 600,000 RMB participation deposit on time. We promptly reported the situation to the CFA and sought help from the Shanxi Provincial Football Association. Unfortunately, as of April 25th, our request has not been met. On that day, with the CFA announcing the participation list for the new season, we lost our eligibility.
In the end, we are deeply wounded.
Looking back on the past two years, Shanxi Longjin has been going through thick and thin and has been quietly dedicating itself to the development of soccer in Shanxi. We have encountered the trough, and also stood out in the competition of the first division. However, in the process, we felt all kinds of difficulties. As a foreign investor, we longed for the care and support of the local authorities, but the reality gave us an icy face. At the moment when we needed help the most, we failed to get the participation guarantee, and this soft environment made us feel doubly hurt.
Here, we would like to once again thank all the leaders, sponsors, people from all walks of life and fans and friends who have supported the development of Shanxi Longjin Football Club for more than two years; and we thank every coach, athlete, and staff member who has put their heart and soul into the club. I wish you all a bright and beautiful future, may Shanxi soccer rise soon, let us work together to guard the green field of the spring flowers! I hope our parting is full of meaning and look forward to the next reunion! See you soon!
