The definitive explosion of the Chinese Super League bubble

The Chinese Super League ended with an unexpected champion, Shandong Taishan in which Fellaini plays, and confirmed definitively that the Chinese soccer bubble is punctured, exploded, with 12 of its 16 teams on the brink of bankruptcy, and it will take a while to re-inflate, if anyone ventures to try. Gone are the days when the clubs of the eastern country tempted the great stars of European football with large amounts of money for their pockets, in most cases, with oversized offers, in order to turn the Chinese league into the most powerhouse of Asia and make her a media attraction that will lead her to compete with the European ones in the future. That’s over.

It’s only been six years, but how far it seems when Suning group team Jiangsu FC owns also from Inter Milan, broke the market with the signing of Alex Texeira, a Brazilian from Shakhtar, for 50 million euros, and with the purchase of Ramires from Chelsea for 28. In 2019, it does barely two years, he was repeatedly credited with a great interest in Gareth Bale, an operation that did not come to fruition. Destined to become alongside Guangzhou FC in Madrid and Barça in this new era of the Chinese Super League, Jiangsu disappeared last season after being proclaimed champion . Their debts exceeded 100 million euros, almost half of what all the clubs in the league together earn for television rights (between 150 and 200 million).

Who was the great rival of Jiansung, Guangzhou, is also at risk of bankruptcy. Players such as Lucas Barrios, Darío have passed through their ranks since 2010 Conca, Gilardino, Paulinho and Jackson Martínez, among others, as well as technicians such as Scolari and Lippi, two world champions. This season it has not even qualified for the Asian Champions League, which puts the club in a delicate situation, since its debts also exceed 100 million euros .

Other clubs such as e l Dalian Pro, belonging to the Wanda group and which came to sign Carrasco, and Gaitán, among Others, already technicians with a Real Madrid past, such as Rafa Benítez, Bernd Schuster or López Caro, with whom he was proclaimed champion in 2017, confirmed yesterday his descent on the last day without recognizable stars. There is no money in the Chinese Super League, and without it, the megalomaniac attempt to create a Chinese tournament capable of competing with Europe has collapsed.

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