The news came on March 5 in Beijing, last night, Guangzhou Football Club equity reform dynamics caused concern. Originally intended to take over the Guangzhou Pharmaceutical Group and Evergrande Group negotiations broke down, the new season Guangzhou team will continue to be fully controlled by the Evergrande Group.
At the end of last year's season, the relevant departments of Guangzhou Municipality set up a special group to promote the equity reform of the two major clubs, Guangzhou Team and Guangzhou City. At that time, there was news that Guangzhou Pharmaceutical Group was interested in becoming a shareholder of Guangzhou Team, while Guangzhou City attracted the attention of Guangzhou Automobile Group.
However, the recent Guangzhou team suddenly released a salary limitation policy, drastically reducing the salary scale, once became the focus of the industry. The top salary was reduced to 600,000 yuan, leading to the departure of former core players and national team members. This salary reduction also side reveals the twists and turns of the Guangzhou team's equity reform.
According to Oriental Sports Daily, the Guangzhou team's reform process has been slow and has encountered a lot of difficulties. Two of the most difficult points are: first, the huge debt of the club; second, the high salary of the players. It is reported that the reform program proposed to deal with the club's equity and debt separately. Guangzhou Pharmaceutical Group, which is interested in taking over the club, is only willing to take over the team and promises to spend no more than 300 million yuan a year. As for the club's debt, Guangzhou Pharmaceutical Group said it has no intention to undertake.
Guangzhou Pharmaceutical Group's bid is far from Evergrande's expectation. Evergrande wants to push forward the share reform in accordance with the 433 model, i.e., Evergrande still holds 30% of the shares of the club after the share reform, and the new enterprise bears all the debts and retains part of the original management team. Obviously, Guangzhou Pharmaceutical Group can not meet these conditions.
As a result, the Guangzhou team's shareholding reform has reached a deadlock, and Evergrande Group has launched a "Plan B", which requires the club's annual operating expenses to be reduced to 15 million yuan, and plans to use young players and football academy trainees to participate in the Chinese Super League in the new season.
Last night, the media exposed the latest progress of the Guangzhou team's shareholding reform, and the current situation is almost certain that the shareholding reform has failed. The two local enterprises that were interested in taking shares have turned to support Guangzhou City FC. In the new season, Guangzhou team, if there is no accident, will continue to be operated by Evergrande Group wholly-owned holding.
Although Evergrande Group is unwilling to give up its soccer career, it can only adopt the strategy of self-reliance at present. As for the performance of the new season, fans should not demand too much from the Guangzhou team. (W/DD)
