“The richest club in the world” relegated from the top flight. He was dominant for years
No supporter Guangzhou FCteams from a 15-million-strong Guangzhou located in the south-east of the country, he certainly did not expect before the 2022 season that his favorites would turn out to be so ineffective in the competition Chinese Super League.
“South China Tigers” in the 33 matches so far, they managed to win only three times, drew eight times, and as many as 22 times had to recognize the superiority of their opponents. Changchun Yatai – and it was the “kiss of death”.
Guangzhou FC bids farewell to the Chinese Super League. The financial collapse of a powerhouse
GFC thus sealed their relegation from the top league, because they no longer have the strength to escape from under the ax during the last clash – from next season they will compete at the lower level together with Wuhan FC and Hebei FC, which, it is worth noting, received previously penalized points related to financial problems.
The situation here is so interesting that Guangzhou FC was once a real power – a few years ago, the Xinhua government press agency even announced the club as “the richest in the world”, which, however, was supposed to result from the team’s connections with, among others, with Evergrande Real Estate Group, a powerful development company, which was once the titular sponsor of “Tigrys”.
This, however, has recently fallen into trouble due to the financial crisis in the PRC – and as you can guess, these problems also dragged the team down. It should be noted that under the aegis of Evergrande, the Cantonese once managed to dominate the national competition.
Guangzhou FC (Evergrande) has had a bad year
Guangzhou has eight championships under its belt China starting from 2011, as well as two cups and four “Middle Kingdom” super cups. However, GFC’s greatest success was two triumphs in the Asian Champions League – in 2013 and 2015.
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