Big-spending CSL giants Guangzhou Evergrande seek government aid to survive

//Big-spending CSL giants Guangzhou Evergrande seek government aid to survive

Big-spending CSL giants Guangzhou Evergrande seek government aid to survive

A football club owned by cash-strapped developer China Evergrande Group is seeking a government takeover to help the once high-flying franchise survive its parent company’s financial troubles.Speculation about the request arose this week when a letter began circulating online that appeared to have been written by the head of the football association in Guangzhou, the southern city where the club is based.It cites the club’s general manager, Gao Han, saying that Evergrande is no longer able to…

Article by [author-name] (c) Sport - South China Morning Post - Read full story here.

By | 2021-09-13T03:05:07+00:00 September 13th, 2021|Sport|Comments Off on Big-spending CSL giants Guangzhou Evergrande seek government aid to survive