With the registration deadline for the new season fast approaching, many soccer clubs are busy trying to meet the deadline to settle wage arrears. Chinese Super League rivals Wuhan Sanzhen and Cangzhou Lions, as well as Guangzhou of the Chinese Football Association Super League, are on the FIFA transfer registration ban list.
Among them, Guangzhou team, as the former eight-champion of the Chinese Super League, is particularly active in solving the problem of wage arrears. From the club owner to the players, the Guangzhou team has come out in full force, and even organized an offline sale to sell the club's equipment on Dec. 17, today.
Currently, the biggest wage arrears problem facing Guangzhou involves former coach Cannavaro, amounting to about 1 million euros. It is feared that solving this problem will be difficult if it is only made up by selling goods online and offline. As the Guangzhou team is in jeopardy, Coach Salvador and his three assistant coaches are also preparing to leave Chongqing Tongliang Dragon.
The key to Guangzhou's success in passing the FA's entry exam lies in whether or not Cannavaro can accept the club's plan to repay salary arrears in installments. If the two sides fail to reach an agreement, Guangzhou's debut in the new season may be in doubt.
However, for Guangzhou, convincing Cannavaro to accept the repayment of salary arrears in installments is not an easy task. It has been several months since Cannavaro returned to Italy from China to coach Serie A side Udinese, but he was not offered a contract extension by the club at the end of the season.
In the past, he used to get 12 million euros per year from Guangzhou, and now that Cannavaro's income has been interrupted, he is naturally not willing to give up Guangzhou's salary arrears so easily. There are even jokes that as Christmas approaches, Cannavaro may be looking forward to Guangzhou paying this salary arrears to celebrate this grand western festival!