Following the official announcement of the renewal of the contract of meritorious players Tang Miao and Cheng Yuelei, the share reform of Guangzhou City team has also ushered in a new progress: according to internal sources, several key state-owned enterprises such as Guangzhou Automobile, Yuexiu Group and so on, in order to support the Guangzhou City Football Club, have joined hands to open a special account, and have been injected with nearly 100 million yuan of funds one after another.
In addition to the renewal of the contracts of two loyal "veterans", the head coach Van Garst has also successfully completed the contract renewal procedure. However, the time for this fund to be activated is still to be clarified by the share reform process. Nonetheless, this series of moves by Guangzhou City certainly highlights the team's ambition for the new season and the expectation of another successful season.
