On Sept. 24, heavy news came out of the soccer world, according to veteran soccer reporter Bai Guohua, who disclosed that
Evergrande (name)
The group's teams are currently strapped for cash and fear facing salary arrears from October onwards.
Despite the fact that at the beginning of the season, the team's parent company had allocated operating funds to the team's account for the season, the recent
Evergrande (name)
The group's financial situation has taken a sharp turn for the worse, resulting in the team's remaining operating funds being withdrawn by the group. Bai further pointed out that according to the usual practice, Guangzhou players' September salaries should be paid in early October, but given the current financial situation of the team, the possibility of paying salaries is extremely low, which will be the first time in the history of the eight-champion team to suffer from unpaid salaries.
It is worth mentioning that the Guangzhou team has recently postponed the centralized training time several times, although the outside world speculation may have something to do with the team base refurbishment, but the essence of the reason is still a financial problem. Informed sources revealed that the team does not even rule out the
China Super League (soccer league)
It was only regrouped before the reopening of the tournament, i.e. in December. According to the existing salary structure, the Guangzhou team's yearly expenditure is up to more than one billion dollars, and the candidate to take over the team next year has become a big problem.
The Guangzhou team usually pays out the previous month's salary at the beginning of each month, but there is no certainty that September's salary will be paid as scheduled in early October. This is also the first time Guangzhou team has paid the Chinese
national soccer team
The main reason for the association's request for a $400 million adjustment fee is that, after all, the team is in financial trouble.
In addition, White revealed that
China Super League (soccer league)
After the first stage of the tournament, Guangzhou was aware of the group's financial situation and reached an agreement on the termination of the contract with manager Carlo Cannavaro. After the tax rebate was fully reimbursed to Cannavaro, the Italian had no hesitation in relinquishing his remaining salary of approximately €16 million.
