Guangzhou City Football Club Share Reform Dynamic
Currently, in the Super League, the
reform of the stock market
It has become a topic of focus. Numerous clubs have encountered difficulties in the process of promoting share reform, and Guangzhou City Football Club is no exception. Fortunately, Fortune Group adjusted its strategy in time, gained an insight into the bubble of golden dollar soccer in advance, and insisted on rational investment to avoid getting into trouble. The audit team has been stationed at Guangzhou City, signaling that the share reform has entered a new stage and the management team of Guangzhou City will operate substantially.
GAC Group attaches great importance to the shareholding reform of Guangzhou City Club and has sent its deputy general manager, Chen Hanjun, to lead the shareholding reform work and participate in it together with Wang Chaoyang, deputy general manager of Da Sheng Technology Co. The two executives have been stationed at the club to start communication with the original management.
Guangzhou City FC's shareholding reform has progressed rapidly, thanks to fewer problems accumulated in the past.In the 2021 season, the club had salary arrears problems, but the Guangzhou Municipal authorities released relegation funds in a timely manner. Currently, the club has approximately four months of unpaid wages to settle.
Regarding the issue of salary arrears, all parties have reached a preliminary consensus during the share reform process: with January 1, 2022 as the boundary, last year's salary arrears will be paid by Fortune Group, and salary arrears will be borne by the new shareholders after January 1 this year. It is reported that after the audit of Guangzhou City Club, the new shareholder Guangzhou Automobile is expected to inject capital in March.
R&F insiders said that the two sides reached an agreement on the issue of unpaid wages, reflecting the righteous spirit of the R&F bosses as well as the tolerance and care of Guangzhou Automobile and other enterprises, which jointly promote the steady progress of the share reform of Guangzhou City Football Club.
