CSL earns ¥420 million in 2015

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There is mounting speculation that Chinese Super League (CSL) clubs are in line to receive considerable dividends at the end of this year. The league may adopt a dividend system based on club rankings, claims the Chinese Pro Sports Media.

CSL, the current first tier league, was created after the re-branding of the former top division of the Chinese Football Association Jia-A League in 2004. The dividends for each club grew from ¥3 million in 2004 to ¥11 million in 2014. It is reported that the CSL has expanded its sponsorship this year, with a total revenue of ¥420 million. As predicted, this will bring a greater dividend for each CSL club.

At present, among the 17 shareholders of CSL, the Chinese Football Association owns 36% of the shares while the 16 clubs own 4% each. Each year, two of the 16 clubs are relegated and replaced by the Top 2 clubs from the China League. As an incentive to all the teams, CSL is considering a new dividend system based on rankings, scores, venue construction and TV broadcasting rights, according to the recent media report.

‍‍Source: Sohu Sports‍‍

‍‍Proofread by John Devlin‍‍‍‍‍‍