In the context of the current Chinese Super League, "share reform" has become the focus of heated discussions. Many clubs have encountered a lot of challenges in the journey of share reform, and Guangzhou City Football Club is no exception. Fortunately, Fortune Group's foresight on the golden dollar soccer bubble has enabled them to adjust their strategy in time, maintain a rational investment strategy in the past seasons, successfully avoiding the predicament of getting stuck in a backlog and reducing the difficulty in the reform. Recently, GAC Group dispatched an audit team to audit Guangzhou City Football Club for several consecutive days, marking a new stage in the share reform. Once the audit is completed, the share reform of Guangzhou City FC will usher in a whole new chapter, and the management team sent by Guangzhou Automobile will start substantive operation.
The importance that Guangzhou Automobile Group attaches to the shareholding reform of Guangzhou City Football Club is evident in the fact that the Group's Deputy General Manager, Mr. Chen Hanjun, is personally in charge of leading the shareholding reform team. Dasheng Technology Co., Ltd, invested by Guangzhou Automobile Group and other companies, and its deputy general manager Wang Chaoyang also joined the Guangzhou City Football Club share reform led by Guangzhou Automobile. Currently, Chen Hanjun and Wang Chaoyang have been stationed at Guangzhou City Football Club and have communicated with the original management to start promoting the relevant work.
From the intention to carry out the share reform to the actual promotion and then the entry of the GAC working group, the share reform of Guangzhou City Football Club has progressed rapidly, thanks to the fact that there were not many problems accumulated in the past.
It was reported that Guangzhou City FC had a problem with unpaid wages before the start of the second phase of the 2021 Chinese Super League season. During the Spring Festival, the relevant departments of Guangzhou Municipality released a sum of money for Guangzhou City Football Club to be used for relegation. Currently, the club has about four months of salary arrears to be resolved.
In the process of share reform, all parties have had in-depth discussions on the issue of salary arrears. It is understood that the share reform parties initially agreed to take January 1, 2022 as the boundary, last year's club staff salary arrears borne by the Fortune Group, after January 1 this year salary arrears borne by the new shareholders. It is reported that after the audit of Guangzhou City Club, the new shareholder Guangzhou Automobile is expected to make a capital injection in March.
Negotiations on the issue of salary arrears are progressing well, and if a final agreement is reached, it not only reflects the righteousness of Fuli bosses Zhang Li and Li Silien, but also demonstrates the tolerance and care of Guangzhou Automobile and other enterprises involved in the share reform, and the mutual understanding and support of both sides will strongly promote the share reform process of Guangzhou City Football Club.
