The share reform of the Chinese Super League has become an urgent task, and many clubs have encountered bumps in the road of share reform, Guangzhou City Football Club is no exception. Fortunately, Fortune Group saw through the bubble of golden dollar soccer early, adjusted its strategy in time and invested rationally, successfully avoiding the vicious circle and alleviating the burden of share reform. Now, Guangzhou Automobile Group has sent an audit team to conduct continuous audits on Guangzhou City FC, signaling that the share reform is moving towards a new chapter and the Guangzhou Automobile management team is about to be substantially involved.
GAC Group has attached great importance to the shareholding reform of Guangzhou City Football Club. Chen Hanjun, Deputy General Manager of the Group, has personally taken charge of the reform and promoted the shareholding reform together with Wang Chaoyang, Deputy General Manager of Da Sheng Technology Company Limited, which is invested by Fuli Group. Chen Hanjun and Wang Chaoyang have been stationed at Guangzhou City to communicate with the original management and open a new chapter of share reform.
From the launch of the share reform to the arrival of the GAC working group, Guangzhou City Club's share reform has progressed rapidly, thanks to a small backlog of problems in the early stages.
Prior to the second stage of the 2021 Chinese Super League season, Guangzhou City FC had a problem with unpaid wages, and the Guangzhou municipal authorities released relegation funds during the Spring Festival. Currently, the club has about four months of salary arrears to be resolved.
During the share reform process, all parties have reached a preliminary consensus on the issue of unpaid wages: with January 1, 2022 as the boundary, last year's unpaid wages will be paid by Fortune Group, and the unpaid wages will be borne by the new shareholders after January 1 this year. It is reported that after the audit, Guangzhou Auto is expected to inject capital into Guangzhou City FC in March.
In the negotiation of the unpaid wages issue, the original shareholder Fuli and the new shareholder Guangzhou Auto showed mutual understanding and support. The righteous behavior of Fuli bosses Zhang Li and Li Silien, as well as the accommodating care of Guangzhou Auto and other enterprises, together promote the share reform of Guangzhou City Football Club to move forward steadily.
