Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024 16:40
Recently, the Guangzhou Sports Bureau published its annual budget for 2017. It mentioned generous rewards for the 2017 season to the two CSL football clubs in the city, Guangzhou Evergrande and Guangzhou R&F.
According to the award details of the Guangzhou Sports Bureau, clubs qualified for the CSL will get RMB 20 million, a club winning the CSL will get RMB 30 million and winning the AFC Champions League will bring in RMB 50 million.
It means that if Guangzhou Evergrande and Guangzhou R&F avoid relegation, they will get at least RMB 20 million. If Guangzhou Evergrande top the CSL and win the AFC Champions League, it will get a big prize of over a billion from the Guangzhou Sports Bureau.
Guangzhou Sports Bureau’s estimates show that its annual budget is RMB 774.7236 million, and the budget for the reward of the professional football clubs is up to RMB 50 million.
Apart from the rewards for the two Guangzhou CSL clubs, the Guangzhou Sports Bureau will also support youth football training with a budget of RMB 7.7178 million.
Source: Dangzhong
Proofread by Sean O Diobhilin
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025 14:05
Related coverage
AC Milan partner with CNGEF to support football in Chinese schools
17 Jul 2017
Chinese football stock market soars 158%
08 May 2015
The attendance rate of Tianhe Stadium ranks first in CSL
19 Dec 2016
Sports stocks prices fall sharply in China
07 Jul 2015
FC Bayern to consolidate its partnership with Evergrande
09 Jul 2015
More from Yutang Sports
Yutang Sports
loading...