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Chinese Soccer Teams Set to Be Bailed Out as Evergrande Flails

  • Local authorities may become part-owners of Super League teams
  • Property developers own or sponsor more than half of CSL clubs
Mei Fang of Guangzhou Football Club during an AFC Champions League match in Doha, in 2020.
Mei Fang of Guangzhou Football Club during an AFC Champions League match in Doha, in 2020.Photographer: Mohamed Farag/Getty Images

China plans to reform its professional soccer league, with some local governments preparing to step in to insulate teams from growing financial pressure on their corporate owners. 

Governments at the city or provincial level are considering taking minority stakes in Chinese Super League teams including the Guangzhou Football Club, owned by besieged property developer China Evergrande Group, according to people familiar with the plans. Rescue measures will vary depending on the specific political and financial situations at play, the people said, asking not to be identified discussing matters that are not yet public. They could come before the end of the year, one of the people said.