Uncover the bottom! The financial cost of Chinese football clubs was released and China Football Association responded.

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Uncover the bottom! The financial cost of Chinese football clubs was released and China Football Association responded.

       CCTV News:At the international seminar on financial risk prevention of China’s professional football clubs held yesterday, China Football Association commissioned a third party to release an analysis of the current financial cost of China’s professional clubs. The data shows that at present, China’s professional football clubs generally have a single income structure and unreasonable expenditure structure.

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Chinese football club players (data map)

       According to the audit, the total income of 16 clubs in Super League in 2016 was 7.082 billion yuan, with an average income of 443 million yuan. The total operating cost of 16 clubs in Super League reached 11.014 billion yuan, with an average cost of 688 million yuan. This figure is 78% higher than the average of 387 million yuan in 2015. Among them, the rapid increase of club players’ transfer fees and salaries is the biggest factor for the overall operating costs of the club. In 2016, the average labor cost of the club increased from 216 million yuan to 464 million yuan, an increase of 115%. The cost of training young players increased from 19 million yuan to 32 million yuan, an increase of 68%.

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Little player

       Judging from the income composition of clubs, the commercial sponsorship of Super League clubs accounts for the largest proportion, reaching 64%. However, the sales of tickets and surrounding areas on the match day only account for 3% of the club’s income. It also shows that the current Super League clubs generally have problems such as too single income structure and excessive dependence on commercial sponsorship.

       China Football Association: Standardize the financial supervision and examination system invested by clubs.

       In view of this phenomenon, China Football Association is working hard to formulate the financial fairness policy of Chinese professional football clubs, so as to promote the healthy and rational development of professional leagues.

       China Football Association said that with the deepening of football reform in China, China Football Professional League, as an important part of football reform, is currently in an unprecedented golden period. However, there are still some problems behind the rapid development of professional leagues, such as high operating costs, excessive transfer fees and irrational investment.

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Chinese football club players (data map)

       In order to regulate the healthy development of the league, at the beginning of this year, the China Football Association announced 18 plans to regulate the operation of the club, which made hard rules on the purchase of foreign aid by the club, the entry of young domestic players and financial fairness. In 2018, 18 policies will be fine-tuned according to the implementation effect. At the same time, China Football Association is working hard to formulate financial supervision and examination rules and introduce financial fairness policies, so as to further standardize the rational investment in the healthy development of clubs and promote the healthy and sustainable development of leagues.

       Li Yuyi, vice chairman of China Football Association, said that the club should understand the economic development environment of the whole country, and then jump out to watch football. After jumping out to watch football, it can stand at a certain height, let the club develop healthily, and understand how to manage it, how to strengthen its own club’s infrastructure and maintain a long-term sustainable development.

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