The biggest joke of Chinese football in 2021 is: the league champion Jiangsu Suning was disbanded after winning the championship. The "culprit" leading this incident Suning Group has therefore become the laughing stock of the world.
However, the withdrawal of economic giants like Suning Group from Chinese football is obviously only the beginning. After only more than half a year, another giant club is also caught in a storm about to withdraw from the Super League. This team is the former eight-time champion Guangzhou Evergrande , now the Guangzhou team.
Since 2010, Guangzhou Evergrande Club has won a total of 8 Chinese Super League championships, 2 AFC Champions League championships, 2 FA Cup championships, and 4 Super Cup championships. It is the well-deserved No. 1 giant in the Chinese Super League.
However, as the parent company Evergrande Group is in financial crisis, there are more and more rumors that “Guangzhou team is about to withdraw from the Super League”. Some said that they would follow the example of Jiangsu Suning's team to disband on the spot, some said that the Guangzhou municipal government would take over it, and some said that the Guangzhou local consortium would take over. Even the head coach of the Guangzhou team Cannavaro has been revealed to have been looking for a home in Italy.
Regarding the above rumors, Evergrande has never come forward to refute the rumors, nor does it conduct crisis public relations. This makes people believe that this team is indeed in big trouble.
It is worth mentioning that the current situation of the Guangzhou team has not received much sympathy. Except for fans of the Guangzhou team, most people think that Evergrande’s “Golden Dollar Football” is the “leader” of China’s regressive level of football and the bane of the Chinese Super League’s chaos.
However, all the problems of Chinese football are attributed to "Golden Dollar Football",Obviously a bit extreme. In Europe, giant clubs such as Real Madrid, Manchester City and Paris Saint-Germain are all loyal fans of "Golden Dollar Football". Their actions did not threaten the survival of the club, nor did they drag down the national team to which the players belong.
Guangzhou Evergrande, Jiangsu Suning and other representatives of the Chinese Super League "Golden Dollar Football" failed, in the final analysis, it is impossible to be self-financing through the league.
In the past decade or so, except for Shanghai SIPG Club, which claimed to be profitable, all other clubs have suffered losses. Evergrande, Suning these clubs are struggling to support, they value other commercial sources brought about by the team's naming rights. Unexpectedly, after the introduction of the New Deal, this only source of income was also cut off. Families that were not wealthy, after this change, have once again made the situation worse.
Football Association Chairman Chen Xuyuan said: "Football itself is a social welfare product, and investors must have a sense of social responsibility." This is actually the final answer to the failure of China's "Golden Dollar Football".
The league is a commercial activity, but it is classified as a "public benefit". This view is inherently absurd. Merchants are chasing profits. Why should they do things that are not good? The annual investment guarantee of the Super League is several hundred million yuan, and even rich companies cannot withstand the toss. Once investors have problems with their funds or do not want to do "charity" anymore, there is only "death" waiting for the final fate of the club.
So, "Golden Dollar Football" is not wrong, it just doesn't adapt to the environment of Chinese football.
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