Chen Hua, a senior journalist, disclosed that during Du Zhaocai's tenure at the helm of the Football Association, the association had returned most of Heng's adjustment fees, however, it was rumored that the funds were directly diverted by the headquarters to fill the huge gap between its real estate and financial management.
Chen Hua recalled in the article: last year at this time, Evergrande's financial chain was once tight, and Guangzhou as the epidemic during the Chinese Super League tournament venue, there has indeed been feedback that the eight-champion team shortage of funds.
However, I recall that the Du Zhaocai-led FA had refunded most of Evergrande's adjustment fees, initially with the intention of leaving Evergrande a way out, or at least granting some breathing space. But rumor has it that the money was eventually intercepted by the headquarters to plug other financial holes. In comparison, the financial problems of the soccer world seem insignificant.
Chen Hua pointed out that given this poor record of the FA, who would dare to inject funds into Evergrande? And the complexity of adjusting the fees is itself a suspicion of indiscriminate charging. I'm afraid that the destination of the funds will only become clear after the top management of the FA faces public prosecution. Perhaps this adjustment fee is the crux of the FA's leadership failure?
All this will be the focus of subsequent developments. Although soccer is a luxury, the protection of people's rights and interests is the key. Those consumers who invested in Evergrande's real estate and stopped work to invest in Evergrande's financial management, their rights and interests are also worthy of attention, even more urgent than the fans who bought the tickets.
According to the latest reports, the Guangzhou team has encountered a lot of difficulties in the start of the new season, and the outstanding litigation dispute with the former head coach Carlo Cannavaro has added to the problem.
