Chen Hua, a senior media person, revealed that during Du Zhaocai's reign in the Football Association, there was a situation where the adjustment fee was returned to Evergrande, however, it was rumored that the funds did not flow into the club, but were directly diverted by the headquarters to fill its deep pit in real estate and financial management.
Chen Hua recalled in his article, "A year ago, the situation of Evergrande's tight financial chain was still fresh in my mind, while Guangzhou became a Chinese Super League zone during the epidemic, but the news of the eight-crown champion Evergrande's financial emergency came out."
"As I recall, the then Football Association, under the leadership of Du Zhaocai, had refunded most of Heng's adjustment fees, initially with the intention of giving the club a ray of hope, or at least alleviating its burden. However, it was rumored that these funds were eventually diverted by the headquarters to fill other bigger financial loopholes. These loopholes in soccer seem insignificant."
Chen Hua further analyzed that given this criminal record of the FA, who would dare to inject funds into Evergrande in the future? The complexity of the adjustment fee and the suspicion of indiscriminate charging makes the destination of this money confusing. Perhaps this adjustment fee is the key to the FA's leadership blunder? All of this, still need to wait for the FA leadership was prosecuted to reveal.
Let us wait and see what happens. Soccer, as a luxury item, has at its core the protection of people's rights. Those consumers who invested in Evergrande's real estate and stopped working to manage their finances, their rights and interests are far more important than the fans who bought the tickets.
Guangzhou are said to have encountered difficulties in their preparations for the new season, with an unresolved litigation dispute between them and their former head coach, Carnevallo.
