Saturday, June 20, 2026
Haber Tusba
  • World
  • Business
  • Netflix
  • Gaming
  • Technology
  • Sports
  • More
    • Prime Video
    • Apple TV
    • Disney+
    • Google TV
    • HBO Max
    • Hulu
    • Paramount+
No Result
View All Result
Haber Tusba
Home Sports

Boom to bankruptcy: China football in After holding the tailspin cash splash

by Hashem Ali
July 3, 2023
in Sports
3 min read
0
Share on FacebookShare on Twitter

Related posts

Al Sadd Football Team Arrives in Abha for King Salman Cup 2023 | Arab Football Association

Persian Gulf Junior Basketball Championship Begins in Jeddah with Saudi Arabia, Bahrain, Qatar, and Kuwait Teams: Get Updates on Preparations and Team Performance

The once-race certainty that China will become a pioneer player in football It seems increasingly like far dreamafter a decade of Chinese cash made waves in The global football market.

The decision to waive rights next The Asian Cup Finals that were made from China last The weekend citing COVID-19 uncertainty, has left Chinese football facing Uncertain future.

Continental Quadruple kick off championship in nine sparkling new squares and one The reconstructed stadium was meant to serve as a stepping stone towards the realization of President Xi Jinping’s ambition of hosting the World Cup.

who – which dream It now appears further than ever.

grinding effect of The global The health crisis and the pursuit of China of a zero-coronavirus disease strategy paired with Increasing difficulties inside business The sector that financed a lot of country clubs left The game in disturbance.

“The brilliance has come off China’s Sports Ecosystem, Mark Dreyer of China Sports Insider told Reuters.

Who trusts China? with Trying the World Cup in light of everything we’ve seen in The last Two years from the pandemic?

“at football termsBasically, we’ve seen full boom and bust.”

The current The climate is long way From today, 10 years ago, Tuesday, when Guangzhou Evergrande unveiled the World Cup winner Marcelo Lippi new head coach on annual salary of 10 million euros ($10.44 million).

new era

Italians arrival heralded new era for Chinese footballgreatly nourished money of ambition property developers Determined to deliver Shi dream.

Within 18 months of for him arrival, Lippi led Guangzhou to the AFC Champions League title. Two years later, another World Cup winner Luiz Felipe Scolari repeated this feat.

permanent weak national team aside football She was flying high in China and the amounts spent on players And coaches from all over world It escalated with the boom of the Chinese Super League (CSL).

Oscar replaced Chelsea for Shanghai and salary reported to be just short of half Million dollars a week in 2016, next in footsteps of fellow Brazilian Hulk, who Have moved from St. Petersburg for Cost of About 50 million dollars.

Meanwhile, the country’s businessmen flocked to Europe in Trying to import expertise to nascent China football industry. Soon, Atletico Madrid, AC Milan and Inter Milan came under Chinese ownership.

The governing bodies have been courted. FIFA Partnership with Wanda Sports and Ali Baba owned by Jack Ma signed up To sponsor the expanded Club World Cup on Scheduled re-release in China in 2021.

Bid to host the World Cup in 2030 or 2034 was expected and the rights to the 2023 AFC Asian Cup were secured at the AFC Extraordinary Conference in Paris in 2019.

had some change already in The air Before the emergence of COVID-19 in Late 2019, but what followed global Send the epidemic game in a state of deterioration.

fever dream

The 2021 FIFA Club World Cup, unextended, has been offloaded to the UAE and now the rights to the Asian Cup have been handed back, leaving China’s hopes up. of Looking to host the World Cup like Little more from COVID-19 fever dream.

In the club gameThe decline It was just hasty with Jiangsu FC, owned by Inter Milan owners Suning Group, folds up a few months after winning the 2020 CSL title.

government pressure on burdened with debts developers It has seen a drop in funding in many clubs, including Guangzhou, while the country is chasing after it of a zeroCorona virus disease strategy Convert CSL to a Shell of that it former Self.

At much lower wages on Presentation and bleak prospects of playing in A few fanless biosecurity bubbles of High-level players who Once flocked to league remain.

The nineteenth season is scheduled for CSL begin next month, but exactly start The date is still uncertain.

“Xi Jinping is known to be a football fan, but football It will be too far down for him list of priorities now,” says Dreyer, author of A sports superpower: an insider’s view on China’s quest to be the best.

“It was a given that he would live To see China host the World Cup, but now I think it’s only 50-50.”

Trending Now

  • Thumbnail-HaberTusba

    The Devastating Toll: Over 7,000 Lives Lost in Israel’s Three-Week Assault on Palestinians

    0 shares
    Share 0 Tweet 0
  • Israel’s Complete Cutoff of Communication Channels in Gaza Condemned by Ankara

    0 shares
    Share 0 Tweet 0
  • Critics Slam Five Nights at Freddy’s Film: A Catastrophic Start for the Video Game Adaptation

    0 shares
    Share 0 Tweet 0
  • Fantastic Beasts 4: Uncertain Future of the Wizarding World Revealed

    0 shares
    Share 0 Tweet 0
  • Introducing Thunderbolts: A New Era of Justice and Espionage in the Marvel Universe

    0 shares
    Share 0 Tweet 0
Haber Tusba

We bring News from all around the World and everything you need to know from World, Entertainment, Tech, Sports & Gaming News.

Category

  • Apple TV
  • Business
  • Disney+
  • Entertainment
  • Featured
  • Gaming
  • Google TV
  • HBO Max
  • Hulu
  • Netflix
  • Paramount+
  • Prime Video
  • Sports
  • Technology
  • World

Recent News

  • Gaza Strip Faces Major Communication Blackout Amid Ongoing Israeli Offensive
  • The Decline of Twitter: Elon Musk’s Controversial Decisions Result in Massive Loss in Value
  • EU Debt Rules Standoff Puts Pressure on Italy’s Economy: Will a Deal Be Reached?
Facebook Twitter Instagram Reddit RSS
  • Contact Us
  • Privacy Policy

© 2022 HaberTusba - All Rights Reserved.

No Result
View All Result
  • World
  • Business
  • Netflix
  • Gaming
  • Technology
  • Sports
  • More
    • Prime Video
    • Apple TV
    • Disney+
    • Google TV
    • HBO Max
    • Hulu
    • Paramount+

© 2022 HaberTusba - All Rights Reserved.