Live broadcast on August 28 according to the report of Beijing Youth Daily, Wuhan Shangwen group, as an investor, has been insisting on rational investment in Wuhan three town clubs in recent years, with an annual investment of about 0.3 billion. Although investors will stop investing, the Sanzhen club will not stop operating and the team will not quit the Asian Championship and the Super League.
Behind the decision of investors to stop continuing investment is actually the huge capital problem that the club faces in the process of promoting the share reform. It is understood that the club has been actively promoting the share reform since the second half of last year. Before the announcement, the investors of the three towns club once proposed to attract potential cooperative enterprises to join the camp of investing in the three towns on the condition of “zero consideration, zero debt and free transfer of the right to use the club base.
Compared with those clubs with poor performance, high debt and near bankruptcy, the three town clubs are undoubtedly “excellent assets”. In addition to the title of the Chinese Super League champion last season and the tickets for the Asian Championship, since the club was founded in 2013, the youth training on which it depends and has achieved fruitful results is a “gold signboard”.
However, the stock reform of professional clubs has always been a huge project, and the specific work is still in the process of promotion. It is reported that as a real estate enterprise, Wuhan Shangwen has always maintained rational investment in professional football in recent years, with an average annual investment amount of about 0.3 billion yuan. Before that, the team had already invested heavily in defending the Super League and attacking the Asian Champions League in the new season. It was difficult to find more “exports” for all kinds of expenses required by the club’s double-line operations “, therefore, under various difficulties, investors have to choose to stop investing money in the club.
It should be noted that the three towns club will not stop operating, and the team will not disband or withdraw from the Super League and the Asian championship. The club stressed in the statement: “The club has held an emergency meeting. In view of the current crisis of the club, all the staff of the club are required to stick to their posts, work with the club to overcome the difficulties and actively save themselves, strive to complete the league mission this season. At the same time, the club also urgently reported to the provincial and municipal governments and relevant departments the current difficulties faced by the club and the possible consequences.”
(Derison)