Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024 16:40
Despite some concerns surfacing earlier this month as Chinese owner United Vansen (UVS) defaulted on payments totalling €1.9 million, Dutch soccer club ADO Den Haag has expressed confidence in the co-operation with its Chinese owner, according to Xinhua.
ADO's general director Jan Willem Wigt said at a press conference on December 7 that the deadline for two instalments by United Vansen had passed and he urged United Vansen boss Wang Hui to pay in advance of a shareholders meeting on December 18. However, Wang failed to show up and the meeting was postponed. Nevertheless, one day later ADO announced that both parties had reached a financial solution.
"The money is not there yet, but we expect it in the coming days," spokesman Ronald van der Geer said. "Based on conversations and what we have seen, we are confident that the payments are on their way."
Wang said that he found all the tension in the Netherlands to be a bit exaggerated. "The problems are a result of cultural misunderstandings," he said. "We still have to get used to each other."
According to Wang, payments take so long because of China's regulations on doing business abroad. "Foreign payments have to go through a series of procedures," he added.
Despite stories in the Dutch media, spokesperson Van der Geer expressed confidence in the Chinese owner.
"We have a lot of confidence in the cooperation with United Vansen and Mr. Wang," Van der Geer said. "There are cultural differences and that is acknowledged by both parties, but we have come together. The small misunderstandings are gone."
Source: Xinhua
Proofread by John Devlin
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025 14:05
Related coverage
Li Ruigang of CMC: CFG is a good property to invest in
02 Dec 2015
Rastar Group to increase shareholding in Espanyol
31 May 2016
Berlusconi favours Chinese deal for AC Milan
06 May 2015
Arsenal v Chelsea at The Bird’ s Nest In 2017
09 Feb 2017
Why former PM of Spain calls on Chinese investors to connect with Spanish football?
19 Jun 2015
More from Yutang Sports
When New tournaments Meets New Tech, the Old Friend of Football Has New Stories
14 Jul 2025
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025
A turning point for global sport: IBA President Umar Kremlev and Donald Trump Jr join forces
30 Sep 2025
SPORTACCORD confirms Istanbul as Host City for 2025 Convention
13 Mar 2025
Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024
Yutang Sports
loading...