The new Chinese Super League (CSL) season will start on June 3 if the timing is right. However, just before the league kicks off, Chongqing Two Rivers Athletic may be in trouble due to a debt crisis, facing suspension, and may even withdraw from the Super League stage.
In response to the current situation of Chongqing Liangjiang Athletic Team, veteran media personality Li Xuan disclosed the information he has: he has been closely following the situation of Chongqing Liangjiang Athletic Club. Unfortunately, the club seems to be on its way to bankruptcy and liquidation, although no official statement has been made yet. Even the players' waiver of some of their unpaid wages has not led to any timely intervention by the Chongqing Sports Bureau and the municipal government.
Some have questioned why the government should be asked to foot the bill since the corporate investment club doesn't want to play anymore. The reason is that the Chongqing Municipal Sports Bureau had previously provided detailed guidance on the team's operations and equity reform, a document that was mentioned in our newspaper report.
I present the contents of the document in text form, and the document does have the official seal of the Chongqing Municipal Sports Bureau, which is the main reason why the players sought the help of the Sports Bureau and the municipal government at the last minute.
It is obvious that the Imago Group cannot afford to continue to support the players, and the players have held out until now because the Sports Authority had promised support. Under the current circumstances, it is indeed incomprehensible to sit back and do nothing.
