The Chinese soccer “bubble” has burst

Just won the Chinese championship, Jiangsu Suning Club was about to disband – Photo: SINA

Jiangsu Suning Club’s debt amounted to about 500 million yuan (about $ 63.8 million). This is the result of years of wasted spending buying foreign soldiers and treating them to heavenly wages. Newspaper porcelain In frustration, he called the information “a severe blow to the dream of the Chinese soccer dragon.”

The newspaper bitterly commented: “In the history of world football, no new club that has won a national championship has been disbanded. Chinese stone.”

Also according to Chinese media, in addition to defending champion Jiangsu Suning, another National Championship club, Tianjin TEDA, is also in danger of being dissolved because the $ 15.5 million debt has not been resolved. Many remaining teams are not enough to dissolve, but they are also in a difficult situation after a period of waste.

In fact, Chinese footballers have imagined this consequence. In recent years, they have been desperately looking for ways to restructure the football scene, starting with the introduction of a series of “rules to restrict spending by luxury clubs.” However, that awakening seems a bit late when the Chinese football “bubble” has burst.

The collapse of the “money burning” era in China’s biggest soccer tournament shows that they have failed in a shortcut strategy: use money to buy luxury. The Chinese championship as a “giant with feet of clay” cannot be sustained and is completely inferior to the J-League (Japan Championship) or the K-League (Korea Professional Football Championship).

The period in which the Chinese Super League prospered by “burning money” did not help the Chinese team to benefit. They failed to create a generation of talented players and had to naturalize to improve the quality of the national team.