Reporter Chen Ning reported that today marks the deadline for registration materials for China's three-tier professional league, and Guangzhou clubs are experiencing financial difficulties and are eagerly awaiting the FA's regulatory assistance.
Shangguan reporter Chen Hua further disclosed that Chen Xuyuan and Du Zhaocai have proceeded to allocate part of the reconciliation fund to Evergrande, but it is reported that this fund is actually urgently transferred to the headquarters to deal with emergency those in the field of real estate and investment in a more difficult financial black hole.
Chen Hua emphasized, "Given Evergrande's past financial problems, who would dare to easily transfer money for it today? Moreover, the issuance of the adjustment fund itself is full of complexity, and may even be suspected of illegal charges. The real destination of this fund, we still need to wait for the Football Association senior management to publish the results of the investigation. More likely, this reconciliation payment exposes the seriousness of the FA leadership's decision-making mistakes."
