It is well known that running a
China Super League (soccer league)
How much does it really cost the Powerhouse? The teams' expenses vary, and on May 7, a report from Beijing
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The news that the public is interested in operating
China Super League (soccer league)
There is a whole new understanding.
According to the official website of Beijing Equity Exchange, Beijing
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The soccer club is looking to transfer a 36% stake in the club. Previously, Beijing
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It is jointly owned 64% and 36% by Zhonghe Land Limited and China CITIC Limited. It appears that CITIC, which holds a 36% stake, may have lost interest in soccer at this point. It is worth noting that Beijing
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It also exposed an executed message to pay RMB 38.79 million.
Why is it known as
China Super League (soccer league)
Luxury Beijing
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Will there be executions and equity transfers? Perhaps we learn from the Beijing
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The answer is found in the released 2020 financial statement. The statement shows that last year Beijing
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Revenue of RMB 103 million, operating profit of RMB -1,221 million and net profit of RMB -1,209 million. This means that Beijing
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Not only did it not make a profit, but it lost RMB 1.209 billion. Could it be that CFA Chairman Boss Chen would say that soccer is a public service and there is no need to pursue returns?
With a loss of $1.2 billion, Beijing
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What is the value of the 36% stake that is planned to be sold?
Losses are a fact of life and so are equity transfers. Beijing
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The value of this 36% stake has attracted the attention of many fans. According to information provided by the Beijing Property Rights Exchange, CITIC Group listed the transfer of the Beijing
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The low price for the 36% stake is only RMB 5.78 million, which is a bloodbath compared to the previous investment.
Selling off shares of the team at a low price, why exactly?2020.
China Super League (soccer league)
The league eliminated the de-commercialization of team names, resulting in the disappearance of advertising benefits for sponsors. This has left many
China Super League (soccer league)
Teams have had to find sponsors all over again, even with discounted sponsorships, allowing the
China Super League (soccer league)
The teams are in trouble.
Currently Beijing
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The low listing price of the shares may also be a wake-up call for the CFA. Salary limitation policy is right, but the implementation of de-commercialization for the yet to have blood production function of the
China Super League (soccer league)
It may be too early to tell. This time the pace of reform may really be too big, perhaps the CFA should hold off or introduce other measures to help these teams, otherwise
China Super League (soccer league)
The owner is going to be like the poster on a certain blog:
China Super League (soccer league)
The team is lagging, help the owners.
