He's lost Chinese football.

He's lost Chinese football.

Chinese football is bankrupt. Excess spending on the transfers of <x0 Days” of football, prominent in Europe, have led to the disappearance of many Asian country clubs. The last, without further ado, is the defending champion, Jiangsu Sunning. On Sunday, the company that supports him financially reported the interruption of football team activity. The title champion, [...]

Chinese football is bankrupt. Excess spending on the transfers of <x0 Days” of football, prominent in Europe, have led to the disappearance of many Asian country clubs. The last, without further ado, is the defending champion, Jiangsu Sunning. On Sunday, the company that supports him financially reported the interruption of football team activity. The recently won champion has not served to avoid disaster. In a short time, he managed to climb to the top of Chinese football.

The main burden of bankruptcy is the 50m euros paid for Álex Teixeiran several seasons ago, or 28 million spent on Ramires. Even in 2019, we talked about Jiangsu Sunning's interest in buying Gareth Bale.

Jiangsu is the last link to a chain that has long rusted. The Chinese football crisis accelerated from Coronavirus pandemic. In three seasons, in fact, 16 football clubs disappeared. Four years ago China managed to spend 380m euros on mercato; on the current market, only 7.5 million. The most expensive foreign strengthening is unknown Croat Majstorovic, who costs only 3.3m euros. One can't even imagine a cost of 60 million, which was paid a little while ago for Oscar or 55 million for Hulk.

The Chinese government saw the danger and found a way to stop excessive spending. The measure taken consists of paying the same amount of Chinese federation. So if a club wants to buy a ten million player, it has to pay another 10 million federations. Moreover, a 3m-euro wage limit has been set since this season.

As a result, all the great names have been removed: Teixeira, Hulk, Pella, Ighalo, El Shaaray, Rondón, Goulart... There has also been a massive exodology of technicals: Rafa Benítez, Vitor Pereira, Bruno Genesio or Van Bronckhorst. A championship completely destroyed, free of money, saw “yje” and no champion in force. The Chinese dream was unrealistic.

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