Chen Hua, a senior media person, disclosed that during Du Zhaocai's tenure as the leader of the Football Association, there was an incident in which the Association refunded Heng most of the adjustment fees, yet the funds were misappropriated by the head office to make up for the huge shortfall in real estate and finance.
Chen Hua recalled in his article: recalling that a year ago, Evergrande's financial chain was tight, as the Chinese Super League during the epidemic, Guangzhou did feedback that the eight-champion Evergrande was strapped for cash.
I can't help but recall that the Football Association under the leadership of Du Zhaocai at the time had refunded Evergrande a portion of the adjustment fee, with the intention of seeking a silver lining for Evergrande and loosening the restraints on it. But rumor has it that the money was directly intercepted by the head office and used to plug deeper financial holes, and these problems in soccer are just the tip of the iceberg.
Chen Hua questioned who would dare to put money into Evergrande in light of this series of events. The adjustment fee itself is complex and variable, and there is a suspicion of indiscriminate charging. I am afraid that the attribution of this amount will not be finalized until the leadership of the FA faces public prosecution. Perhaps, this adjustment fee issue is also the key to the failure of the leadership of the Football Association?
Let's wait and see what the future holds. Although soccer is a luxury, the rights of the people are the most important thing. Those consumers who invested in Evergrande's real estate and stopped working to buy Evergrande's financial management, their rights and interests should be paid more attention to than those of the fans who bought the tickets.
According to the latest reports, Guangzhou has encountered a number of challenges in the upcoming season, including a pending lawsuit with former head coach Carlos Cannavaro.
