With the end of the golden dollar soccer wave, many teams in the Chinese Super League are in trouble. Former Chinese Super League kingpin Wuhan Sanzhen had no choice but to announce that investors had stopped injecting money into the club. Faced with operational pressure, Wuhan Three Town decided to transfer the club at zero cost and generously offered its training base to the new owner at no cost. The Hubei Provincial Sports Bureau has intervened in Wuhan Sanzhen's club, actively looking for potential buyers. However, it seems that Wuhan Three Town's fate will not follow the footsteps of Jiangsu Suning, which has completely withdrawn from the Chinese professional soccer scene.
Also in dire straits is Chinese Super League champion Beijing Guoan.In 2017, Sino Group took over the team, right in the middle of the Chinese Super League's golden dollar era. Zhonghe Group invested heavily, bringing in top foreign aiders such as Augusto and Bieira, and bringing in coach Schmidt. However, Sino Group did not keep investing. After the golden dollar era, Zhonghe Group and its real estate enterprises suffered an economic winter, and had to use Guoan's equity to mortgage financing, which led to a surge in the club's debt, and was even sanctioned by FIFA several times. Currently, Guoan's club debt is as high as 3.2 billion yuan, and Zhonghe Group is unable to return to the sky.
It is reported that it is only a matter of time before C&C Group exits Beijing Guoan, which will make Guoan the second Chinese Super League champion team after Wuhan Sanzhen. Currently, JD.COM Group may take over Guoan, while CITIC Group may also buy back its shares to help Guoan tide over its difficulties. Personally, I think, as a capital and champion team, Beijing Guoan has huge influence and commercial value, and it is not difficult to find a new owner. Whether it's JD.COM or CITIC, taking over Guoan could help the team get out of its predicament, provide financial support, and strive to return to the top of the Chinese Super League. Although CITIC has been running Guoan for six years, it left behind a huge debt and left in a hurry.
