On August 30, FIFA released its annual report on the international transfer market from 2011 to 2020. In the Asian soccer map, the Chinese Super League and West Asian teams together occupy the top 20 Asian transfer investment in the past ten years. The Chinese Super League is undoubtedly the absolute king of the list. 11 clubs are on the list, of which the top 10 Chinese Super League clubs accounted for 8 seats, but also took the top four places on the list. The influx of soccer superstars into China has made the Chinese Super League known as the "world's sixth largest league" over the past decade. However, this dream seems to be coming to an end.

In this decade's club reinforcement investment, there are 11 Chinese Super League (CSL) teams in the top 20 in Asia, 4 in Saudi Arabia, 2 in Qatar, and 3 in the United Arab Emirates (UAE). Specifically, of the 11 CSL clubs, 8 are in the top 10, and the top 4 are all Chinese Super League clubs, namely Guangzhou, Shanghai Harbour, Jiangsu Suning and Shandong Taishan. Beijing Guoan ranked 7th, Dalian people 8th, Shanghai Shenhua 9th, Tianjin Tianhai 10th, Hebei team ranked 12th, Tianjin Jinmen tiger 17th, Guangzhou city 19th. although Qatar, the United Arab Emirates and Saudi Arabia's soccer market was once regarded as a "tycoon" all over the world, but in the past ten years, the Chinese Super League team in the Asian soccer clubs completely overwhelmed the West Asian teams. In the past decade, the Chinese Super League teams have completely dominated the West Asian teams in terms of Asian football clubs.

All 11 clubs have had players who have made an impact in world football over the past decade. Guangzhou have brought in Paulinho, Robinho and Diamanti; Harbour have had Hulk, Arnautovic and current player Oscar; Suning have brought in Teixeira and Ramirez; Taishan have had Italian international Pelé in addition to current player Fellaini; Guiaoan have had Augusto and Bieira; Dalian have brought in Carrasco and Long Dong; Shenhua have brought in Didier Drogba and Carlos Tevez, who have made a splash in world football; Tianjin Tianhai have brought in Witsel and Pato; Hebei have had Mascherano and Lavezzi who have made a splash; Hebei have had Mascherano and Lavezzi. caused a sensation; Tianjin Tianhai had brought in Witsel and Pato; Hebei had the Argentine duo of Mascherano and Lavezzi; Zimmen Tigers had brought in Mikel and Wagner; and Guangzhou City, in addition to having brought in Moussa Dembele, had allowed goal-scorer king Xavi to shine.

It is the addition of these international stars that made the Chinese Super League once known as the "world's sixth largest league". In addition to the transfer fees for the introduction of stars, the rights to the league have also risen, and in 2015, the rights to the Chinese Super League for the five-year period from 2016 to 2020 were sold for a record price of 8 billion dollars. At the same time, the Chinese Super League has begun to be broadcast live in traditional soccer countries such as the United Kingdom and Brazil. Jinmen Tigers foreign aid Magno said in an interview that he was able to see the Chinese Super League in Brazil and had followed the performance of his old teammates like Augusto.

The splendor of the Chinese Super League in the past decade was built up with a lot of money. Now that the era of gold-dollar soccer is over, no one mentions the title of "the world's sixth largest league" anymore. Guangzhou, the former giant of the league, has already implemented an "all Chinese team", and the club's owner, Evergrande Group, has begun to sell its yet-to-be-built professional soccer stadiums to cope with the group's economic crisis. In addition, last season's Chinese Super League champions Jiangsu Suning and Tianjin Tianhai, who reached the last eight of the AFC Champions League, have disappeared. The Tianjin Tigers, on the other hand, have regrouped after some crises and setbacks. As for the Hebei team, from the coach to the players, they are still struggling for survival.

More generally, those stars who once came to the Chinese Super League have left in droves. Against the backdrop of salary restrictions, no stars are willing to sign with Chinese Super League clubs anymore. At the same time, affected by the epidemic, players like Paulinho and Augusto have also terminated their contracts with Chinese Super League teams. In the post-golden-dollar era of the Chinese Super League, "giants" and "oligarchs" are disappearing, and "state-owned capital" and "equity reform" are becoming hot topics. "has become a hot topic. At present, Shandong Taishan and Henan Songshan Longmen have become the forerunner, the two teams of the local culture and tourism group to take over the club, become the sign of the Chinese Super League club mixed reform. Next, Guangzhou team, harbor team and Shenhua team such as the "giants" will also be reformed.

Among them, Shenhua Club is currently the larger action. In August last year, the Ministry of Housing and Construction, the Central Bank called a meeting of real estate enterprises put forward three regulatory requirements, commonly known as the "three red lines" - excluding the advance receipts of the gearing ratio shall not be greater than 70%, the net gearing ratio shall not be greater than 100%, the cash short-term debt ratio shall not be less than 1 times. According to the number of red line, real estate companies are divided into green, yellow, orange, red four gears. A full year later, after many real estate companies implemented a series of measures to reduce leverage, Chinese Super League fans accidentally found that if you look at the "top 50 listed real estate enterprises 'three red lines' list" backwards, you can see a lot of familiar names. This also includes Shenhua Club's investor Greenland Group.

Screenshot from the public website "GlobeNewswire Property Market".

In the Chinese Super League "real estate market" to the end of the current, only input not output soccer club has become a number of real estate investors burden. The current news is that Greenland Group has begun to contact the state-owned investment and management holding company Jiuzhi Group. Currently there is news that Jiuzhi Group is likely to buy Shenhua Club's training base Kangqiao base, which is also seen as a signal for Jiuzhi Group to invest in Shenhua Club. In fact, as early as 2000, the Jiuzhi Group and six other state-owned enterprises jointly funded the takeover of Shenhua. However, the Shenhua club has changed hands many times since then, until Greenland Group became the owner of Shenhua in 2014.

Shenhua Club Chairman Wu Xiaohui

Shanghai Shenhua club chairman Wu Xiaohui recently said in an interview with Xinhua News Agency, Shenhua club actual controller Greenland Group from the 1990s to carry out mixed ownership reform, Shenhua embraced the equity diversification reform, but also willing to be the first to try. At present, although the equity reform of the Chinese Super League clubs will allow the Chinese Super League to say goodbye to the so-called "world's sixth largest league" title, but the relative social responsibility of state-owned enterprises, operational stability, more state-owned enterprises to participate in the club's equity diversification reform, the stable development of the professional league, the benefits should outweigh the disadvantages.

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