2021-02-28 11:58:32
Chinese Super League champions Jiangsu FC have “ceased operations”, the club said on Sunday, underlining the financial problems coursing through football in the country. Jiangsu, who won the domestic title for the first time just three months ago, are owned by the conglomerate Suning — which also owns Italian giants Inter Milan.
Chinese media said that Jiangsu have not officially dissolved and could yet have a lifeline if new investors are found soon.
The unravelling of Jiangsu, until recently known as Jiangsu Suning, could be followed in the coming days by the closure of fellow CSL side Tianjin Teda.
Chinese football has in recent years gained a reputation for lavish spending on foreign players and coaches, as the country pushed to become a world leader in the sport.
Jiangsu brought in ex-England coach Fabio Capello and signed Brazilians Alex Teixeira and Ramires for 50 million euros and 28 million euros respectively.
In the summer of 2019, they came close to capturing Real Madrid superstar Gareth Bale.
But, even before the coronavirus pandemic, money had begun to dry up across Chinese football.
“Even though we are reluctant to part with the players who have won us the highest honours, and fans who have shared solidarity with the club, we have to regretfully make an announcement,” Jiangsu FC said in a statement.
“From today, Jiangsu Football Club ceases the operation of its teams.”
The club from the eastern city of Nanjing blamed an “overlap of various uncontrollable elements”, but said that it was “continuing to seek, in a wider scope, interested parties for its future development of the club”.
Promoted
Amid reports of financial difficulties, Suning’s chairman Zhang Jindong earlier this month hinted at a pivot away from sport, in comments which also did not go unnoticed in Italy where Inter are battling rivals AC Milan for the Serie A title.
“We will focus on retail business resolutely and without hesitation will close and cut down our business irrelevant to retail,” he said.
Topics mentioned in this article
order tadalafil: http://tadalafilonline20.com/ tadalafil generic
tadalafil max dose buy tadalafil us
40 mg tadalafil
sildenafil without doctor prescription meds without a doctor prescription
medications without a doctor’s prescription overseas pharmacies shipping to usa
buying viagra online buy real viagra online
viagra amazon
viagra cost per pill buy viagra online usa
buy viagra online usa
viagra price where to buy viagra online
viagra amazon
best place to buy viagra online viagra discount
mexican viagra
http://valtrex10.com/ – price of valtrex generic
vitamins for ed
http://zithazi.com/ – zithromax azithromycin
vacuum pumps for ed
diflucan tablets diflucan buy online
cheap medications
https://aralenph.com/ – buy chloroquine phosphate canada
medication for ed
aralen medication chloroquine tablets buy
online prescription for ed meds
https://aralenph.com/ – cheap chloroquine
ed meds online without prescription or membership
mexican viagra https://viagrapills100.com/ best over the counter viagra
viagra over the counter walmart https://viagrapills100.com/ п»їviagra pills
best over the counter viagra https://viagrapills100.com/ mexican viagra
viagra 100mg price https://viagrapills100.com/ buy viagra online usa
viagra cost per pill https://viagrapills100.com/ buy generic 100mg viagra online
buy ed drugs cheap ed pills usa
otc ed pills
buy ed drugs best ed pills
cheap ed pills from india
ed pills without a doctor prescription buy ed pills from canada
ed pills online
best male enhancement pills cheap ed pills from india
cheap ed pills from india
http://hydroxychloroquinest.com/# drug cost for plaquenil
https://gabapentinst.com/# buying neurontin online
neurontin 100 mg tablets: generic gabapentin – 32 neurontin
http://zithromaxst.com/# can i buy zithromax over the counter
injectable ed medications https://alprostadildrugs.com/ how much is alprostadil
order tadalafil https://elitadalafill.com/ tadalis sx
zithromax online paypal: zithromax for sale – zithromax online
http://gabapentinst.com/# gabapentin buy
https://prednisonest.com/# prednisone 20 mg generic
http://prednisonest.com/# online prednisone
sildenafil citrate women https://eunicesildenafilcitrate.com/ generic sildenafil sale online
neurontin gel: cheap neurontin – neurontin capsule 600mg
https://hydroxychloroquinest.com/# plaquenil purchase online
https://zithromaxproff.com/# zithromax 250
zithromax capsules price
ed pills vardenafil https://vegavardenafil.com/ vardenafil vs sildenafil
http://zithromaxproff.com/# where to buy zithromax in canada
zithromax cost uk
https://zithromaxproff.com/# how to get zithromax
zithromax antibiotic
http://zithromaxproff.com/# zithromax coupon
buy zithromax without prescription online
order biaxin online: trimox capsules
buy fucidin generic
generic bactrim: order doxycycline
erythromycin online
cefadroxil generic: sumycin online
zyvox online
india pharmacy mail order: ordering medicine from india overseas pharmacies shipping to usa
india pharmacies online: all generic meds from india best online international pharmacies india
best india pharmacy: all generic meds from india india pharmacy mail order
generic pills india: order prescription drugs from india india pharmacy drugs
usa pharmacy india: order prescription drugs from india online indian pharmacies
ed pills for sale: https://edpillsonline24.com/# levitra pills
erectile pills canada: red erectile dysfunction pill viagra pills
generic viagra pills: https://edpillsonline24.com/# order erectile dysfunction pills online
best erectile dysfunction pills: male erectile pills viagra pills
red erectile dysfunction pill: https://edpillsonline24.com/# best ed pills
buy erectile dysfunction pills online: https://edpillsonline24.com/# best erectile dysfunction pills review
how much does viagra cost: buy viagra online without prescription buy viagra without prescription
viagra without a prescription viagra without a doctor prescription viagra without a doctor prescription canada
cheap viagra: viagra without a doctor prescription viagra no prescription
viagra cost viagra online without prescription non prescription viagra
buy doxycycline online without prescription: doxycycline tetracycline – doxycycline hydrochloride 100mg
buying clomid online: clomid – clomid purchase online
http://amoxilst.com/# amoxicillin 500mg capsules uk
amoxicillin discount coupon: can we buy amoxcillin 500mg on ebay without prescription – amoxicillin 500 mg purchase without prescription
http://diflucanst.com/# can you buy diflucan otc
no prescription clomid: buy clomid – no prescription clomid
http://amoxilst.com/# how to get amoxicillin
cost of amoxicillin: over counter antibiotics pills amoxicillin – cost of amoxicillin 30 capsules
https://paxilst.com/# paxil breast cancer
lasix 20 mg: lasix – lasix furosemide 40 mg
paxil hair loss: paxil generic – buy paxil online