CFA hosts professional club investors meeting

The Chinese Football Association (CFA) held a professional club investor meeting in Shanghai on Monday. Officers who attended this meeting were investors from 14 Chinese Super League, China League One and China League Two clubs. It was reported as the second such meeting in the history of Chinese professional football. Zhang Jindong from Jiangsu Suning FC, Zhou Jinhui from Beijing Guoan, Chen Xuyuan from SIPG FC and other owners of football clubs were present. 

Attendees shared ideas on four topics, namely, studying and implementing the “spirit of the 19th CPC National Congress”, and President Xi’s initiatives on soccer reform and development; strengthening clubs’ self-building to create century businesses; helping China-based professional league organizations and competition levels reach Asia’s Top standards; putting forward suggestions over the CFA’s work.

It was also noted that soccer plays an integral part of the Chinese Dream, so one of the professional leagues’ missions is to raise the level of Chinese soccer as well as foster outstanding local athletes.

At the same time, the CFA stressed the importance of establishing a sound financial system for each club. The investors subscribed to the idea by citing the irrational investments in transfer windows.

CFA senior officials Du Zhaocai, Li Yuyi, Lin Xiaohua, Cai Yong and all middle management officers also attended the meeting.

Guangzhou Evergrande Chairman Xu Jiayin, Tianjin Quanjian Chairman Shu Yuhui and Zhang Li, co-owner of Guangzhou R&F were absent because of business.

Source: Sina

Proofread by William Logsdon