Original title: Korean media: The total value of the Chinese Super League fell to the fourth in Asia, and Evergrande dropped by as much as 95.3%
According to South Korea’s Goal.com report, the total value of Chinese Super League teams has fallen sharply. The status that once depended on huge investment to reach the top and dominate Asian football has disappeared and entered a path of ups and downs.
As the league’s leading league in Asia, the Chinese Super League has grown rapidly in the past few years. An astronomical amount of more than 1 trillion won has been invested in one season, especially compared with the five major European leagues, showing a huge influence that shocked the world football.
Over time, the league has grown in size, bringing in famous players and coaches from Europe. Guangzhou Evergrande, Beijing Guoan, Shandong Luneng, Shanghai Shenhua, Shanghai Haigang and Jiangsu Suning are among the most famous clubs.
In recent years, however, the Chinese Super League has faltered and collapsed. After the start of the new crown epidemic, the parent companies of a large number of teams announced defaults due to the economic crisis. Finally, Jiangsu Suning and Tianjin Tianhai announced their dissolution last year. Previously, many clubs recruited a large number of high-paid players, including foreign aid. And in the wake of the crisis, problems such as wage arrears began to emerge.
Correspondingly, the Chinese Football Association introduced a salary cap to limit wages, which led to a sharp drop in the value of Chinese Super League teams. The report shows that Guangzhou Evergrande has fallen by as much as 95.3% from the peak period, and Hebei China Fortune Land has fallen by more than 75.3% compared with last year, placing it at the bottom. Except for 6 of the 18 teams in the Chinese Super League, none of them has a market value of more than 10 million euros.
In the meantime, the Chinese Super League fell to fourth place in Asia with a total worth of 170 million euros, but fell to sixth place in the average worth comparison table. The average worth of 18 clubs was only 9.4 million euros. (Editor Liu Shuitu)Return to Sohu, see more
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