The reason behind the ups and downs of Wuhan Three Towns Football Club this year may not be unconnected with the indifference of investors. Gossip among the players spreads as quickly as a virus, and there are many people in the know. This has directly affected the players' competitive status. Although they beat Nantong Zhiyun by a big margin in their latest match, they failed to win back the hearts of investors. After all, the parent company is under tremendous financial pressure. Currently, the real estate industry is in the doldrums, making it difficult to allocate funds to the soccer sector.
In the midst of this predicament, the club released an official statement announcing that investors will stop investing as of September 1 and plan to transfer 100% of the shares for zero dollars, while promising to provide a training base for free. The team is expected to be profitable and debt-free if it can be taken over. However, as of press time, no one is still willing to take over, time is running out, September 1 deadline for the team is undoubtedly a huge test.
When it comes to the sports industry, in recent years, clubs such as Wuhan Sanzhen, Chongqing Contemporary, Wuhan Zhuoer, Guangzhou Evergrande, China Happiness, Tianjin Quanjian, Jiangsu Suning, and Guangzhou R&F Team have fallen on hard times. Now, Wuhan Sanzhen has joined the ranks. The reason is that their parent company, which is also involved in the real estate industry, is now facing a heavy crisis. In order to get out of the unprofitable soccer business, they have to give up the team, but the high cost is still a problem. Despite the fact that the team is debt-free, the bases are free of charge, and there have been calls for years for a takeover that no one has asked for, the fact is that many of the players are earning too much for the team to afford. The only way out of the dilemma. So, will Wuhan Three Town repeat the mistake of Jiangsu Suning and disband the championship team? And what is their way out for the future?
