Chinese soccer club faces sudden death after promotion to Super League

 

 

 

Photohttp://www.lifanfc.com/

 

 

 

BEIJING  |   2015-01-20 11:41:05

 

Chinese soccer club

faces sudden death

after promotion to Super League

 

 

By Wang Jimin and Zhou Kai

 

 

Chinese soccer club Chongqing Lifan faces possible dismissal after the club’s successful promotion to the Chinese Super League (CSL).

Chongqing Lifan, which finished atop the Chinese second tier league last season and will compete in the CSL next season, has been earlier this month sold to a new buyer, the Huaxia Guorui Soccer Club Corp. Ltd., but the takeover was not recognized by the Chinese Football Association (CFA) on Monday of January 19, citing the new buyer’s poor qualifications.

But the takeover has been ratified by related governmental departments and the club has been formally renamed as Chongqing Changsheng soccer club.

“According to CFA rules, the new buyer must be operating well for at least three years and can afford management of the soccer club, but Huaxia Guorui did not even do business in the past years, and Chongqing Lifan itself does not even know the details of the company,” a top official with the CFA said on Monday.

“If the club still wants to play in the CSL, it should be handed back to the former owner,” the official added.

The club’s former owner Chongqing-based Lifan Group, a privately-owned motorcycle producer, has been reported to be going through a hard time financially, which urged board chainman Yin Mingshan to sell the club he has been running for almost 15 years.

The transfer became a big surprise as Chinese soccer has been on a surge recently after years of crackdown on corruption and the CSL is attracting more and more attention from home investors with Guangzhou Evergrande Taobao club winning the Asian Champions League for the first time in 2013.

“Yin Mingshan held on for such a long time, but this time he decided to give up because Lifan Group’s got a financial problem and it will definitely cost enormously to run a CSL club right now in China,” said Gao Tianxiong, a soccer agent who’s been authorized by Yin to find the next buyer for the club.

It took Chongqing Lifan, a former CFA Cup winner, four seasons to climb back to the China’s premier league, but the big success did not bring happiness to the players and staff.

Wang Baoshan, the coach who led the team to the CSL, has been fired, but the successor has not been in place. The players are not paid and signing new contracts. They could not even train normally.

“Usually we have already started prep work for new seasons the same time in the past years, but this year we did nothing, no training schedule and no salary,” an unnamed player complained.

“We never saw the new owner,” said the player.

The situation became even more confusing after Huaxia Guorui said they already proved their financial strength to the CFA with sufficient documents. The company said it also sent representatives to the CFA for negotiation, but CFA officials did not want to talk with them.

“Huaxia Guorui now owns the soccer club. Why should we give it back to Lifan Group? We will appeal to the Chinese General Administration of State Sports,” said a Huaxia Guorui official surnamed Wang.

 

 

 

 

 

 

Share


1,077 Comments

  1. psychic giant wrote:

    This is such a fantastic post, and was thinking much the same
    myself. Another fantastic update.

    Here is my homepage :: psychic giant

  2. I’m fortunate that I found this web blog, precisely the right information that I was trying to find!

    Here is my website … Download ShowBox APK; http://Www.3789789.Com,

  3. We’re a group of volunteers and starting a new scheme in our community.
    Your website provided us with valuable information to work on. You have done an outstanding job and our
    whole community will be grateful to you.

    my webpage download showbox for android phone


  4. I saw lots of website but I believe this one has got something special in it.
    Thank you for sharing.

    Also visit my blog: ShowBox APK Download

  5. I dont think I’ve read something like this before. So good to discover
    anyone with some unique thoughts on this subject. many thanks for sharing this up.
    This website is one thing that is essential on the internet,
    someone with a bit originality. Very good job for bringing a little something completely new to the internet!

    my site; Workout12234.blogs-service.com

  6. home wrote:

    I went over this website and I think you’ve got many excellent information, saved as a favorite.

    Here is my website – home

  7. I entirely understand everything you have said.
    Definitely, I looked through your other articles and I think you happen to
    be certainly right. Excellent job with this website.

    Feel free to visit my web-site … what is a human growth hormone

  8. Ericka wrote:

    I truly got into this article. I found it to be interesting and
    packed with special points of view. I love to
    read material which makes me think. Thank you for writing this great content.

    Also visit my page … Ericka

  9. Genf20 Plus wrote:

    I think more writers should write with passion like you.
    Even educational articles like this can have personality.
    That’s what you have put in this helpful article.
    Your opinions are very one of a kind.

    Here is my homepage :: Genf20 Plus

  10. Harry wrote:

    I think this website got some really beneficial
    stuff on it!

    Feel free to visit my site Harry

  11. I’d should talk to you here. Which is not some thing I do!
    I really like reading a post which will make people believe.
    Additionally, thanks a lot permitting me to comment!

    My web blog :: somatropin for sale

  12. genf20 Plus wrote:

    Hi and thanks for the blog post i have been searching for this certain information on-line
    for a while now therefore appreciate it.

    Check out my page … genf20 Plus

  13. A clever insight and wonderful suggestions you have on your website.
    You have obviously spent a lot of time on this. Great job!

    Feel free to surf to my web-site … injectable hgh

  14. Vickie wrote:

    The moment I found this site I proceeded to reddit to share it to others.

    my blog post Vickie

  15. I just now discovered your blog post and now I’m among your followers.

    My site – Vigrx Plus Reviews

  16. My partner and I stumbled right here by a different website and thought I may check things out.
    I love what I see thus i’m just following you.

    Here is my web-site … best growth hormone

  17. Rashad wrote:

    Truly wonderful articles are available on this website, thank you for your contribution.

    Also visit my blog post; Rashad

Leave a Reply

*