As the registration deadline for the new season approaches, many of the soccer world's most powerful teams are sprinting to solve the last-minute problem of salary arrears. In particular, the Chinese Super League giants Wuhan Sanzhen and Cangzhou Lions, who are under the shadow of FIFA's transfer ban, as well as Guangzhou in the Chinese Football Association Super League.
Guangzhou, the former Chinese Super League champion, has shown an unprecedented positive attitude. From the club's top management to the first-line players, all hands are on deck, and even today, December 17th, they launched an offline special sale in a bid to raise funds.
The biggest problem facing Guangzhou at the moment is the unpaid salary of about 1 million euros of the former head coach Cannavaro. It would be difficult to fill this gap by selling merchandise online and offline. On the verge of a financial crisis, Guangzhou's head coach Salvador and three assistant coaches are also foolishly preparing to throw themselves into the arms of Chongqing Tongliang Dragons.
The key to Guangzhou's success in passing the FA's admission audit lies in whether or not Cannavaro can accept the club's repayment plan in installments. If the two sides are deadlocked, Guangzhou's journey in the new season may be put on hold.
But the likelihood of Cannavaro accepting to repay his unpaid wages in installments is not promising. Some time has passed since he returned to Italy from China after the epidemic to coach Serie A side Udinese, yet he did not receive a contract extension from the club at the end of the season.
Once receiving an annual salary of 12 million euros from Guangzhou, Cannavaro, whose source of income is now cut off, is afraid that he will find it difficult to give up this salary arrears easily. Perhaps, on this coming Christmas Eve, Cannavaro is expecting Guangzhou to fulfill their promise to pay the salary arrears as a holiday celebration gift!