Following the official announcement of the renewal of the contract of meritorious players Tang Miao and Cheng Yuelei, the progress of the Guangzhou City team's shareholding reform also ushered in a new chapter. It is reported that several state-owned enterprises, such as Guangzhou Automobile and Yuexiu Group, have jointly opened a special account to support the development of the team and have injected nearly 100 million yuan one after another.
In addition to the two loyal "veterans", the head coach Van Garst also successfully renewed his contract. Although the use of the funds will depend on the share reform process, this series of Guangzhou City team's initiatives undoubtedly indicates that the team will be ready for the new season and strive for good results.
