Wednesday, March 22, 2023

Club relegated after spending 300 million on transfers

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After over 300 million euros transfer spending

China’s league dominator Guangzhou has been relegated

Guangzhou FC has been relegated. An embarrassment for the club, which has released over 300 million euros for transfers in recent years – but no surprise. It is emblematic of all Chinese football.


The golden days of Fabio Cannavaro and Co. at Guangzhou FC are over.

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Nicholas HorniRingier journalism student

Tuesday afternoon in China. The once-hyped Guangzhou FC lost 4-1 at home to Changchun Yatai. With the smack against the twelfth in the table, the saving 15th place in the table finally gets out of reach and you have to say goodbye to the lower-class Chinese League One for the coming season.

Team now worth less than Yverdon

For Guangzhou FC, formerly known as Guangzhou Evergrande, falling into the second division of China is an embarrassment beyond compare. In the last twelve years, over 300 million euros have been spent on transfers with the help of the real estate company Evergrande, which has meanwhile gotten into financial difficulties.

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