On January 6th, Beijing time, former Chinese Super League "8-time champion" Guangzhou FC announced its withdrawal from the stage of professional football in China, officially ending its 32-year history of team building. Previously, the Chinese Football Association announced the entry list for the three levels of league for the 2025 season, with 49 clubs obtaining entry qualifications. Among them, Guangzhou FC (China League One), Hebei China Fortune (Chinese Super League), and Hunan Billows (China League Two) were not included. After failing to make the entry list, Guangzhou Club followed Hunan Billows and Hebei China Fortune in announcing its dissolution. The predecessor of Guangzhou Club was the Guangzhou Football Team established in 1954. In January 1993, the Guangzhou City Football Team collaborated with the Sun God Group to become China's first government-enterprise joint-stock professional football club. In 2010, Evergrande Group acquired all the shares of Guangzhou Football Club for 100 million euros, marking the official entry of Guangzhou FC into the Evergrande era. That season, Guangzhou Evergrande was promoted from the China League One to the Chinese Super League. Subsequently, under Evergrande's massive investment, Guangzhou FC won the Chinese Super League championship for seven consecutive seasons, during which world-renowned coaches Marcello Lippi and Luiz Felipe Scolari each led the team to win an AFC Champions League title. In 2018, despite being interrupted by Shanghai SIPG in their bid for an unprecedented eight consecutive Chinese Super League titles, Guangzhou FC reclaimed the championship in 2019, equaling Dalian Shide's record as the team with the most championships in the history of China's top…

07/01/2025 35hotness 0likes Read all

Evergrande has caused harm to many people, and many families have been destroyed because of it. Are you one of them? As the old saying goes, "Thirty years east of the river, thirty years west." Back then, Evergrande was truly in its heyday within the real estate industry, like a rising star with great momentum. At that time, housing prices were skyrocketing, and everyone seemed bewitched, believing that buying a house was a surefire investment, a direct route to a happy life. Evergrande took advantage of this fervor, expanding aggressively by building properties and engaging in financial management, creating a bustling scene that made it the industry's benchmark and a trusted brand for people to rely on. Who could have predicted that in the blink of an eye, the situation would take a drastic turn for the worse? Evergrande suddenly found itself mired in difficulties, teetering on the brink. This caught everyone off guard, especially those who had high hopes for the company, now finding themselves caught off-guard. What exactly happened? How are the ordinary people caught up in this storm supposed to carry on with their lives? Has all the previous prosperity really dissipated like passing clouds? Evergrande's problems have truly had a domino effect, with the most unfortunate being the innocent civilians. Let's start with the homebuyers, most of whom are ordinary workers, working tirelessly day and night, hoping to own a home in the city. To buy an Evergrande property, some people spent every penny they had saved over the years, shamelessly borrowing from relatives and friends,…

04/01/2025 46hotness 0likes Read all