HONG KONG: Three decades ago Liaoning FC were the standard bearers of Chinese football, sweeping aside all before them domestically and across ...
HONG KONG: Three decades ago Liaoning FC were the standard bearers of Chinese football, sweeping aside all before them domestically and across Asia, but their 67-year history may soon be consigned to the scrap-heap as financial woes threaten to bring them down.
Regulations have continually been updated in a drive to stop clubs spending beyond their means and encourage owners to invest in development rather than big foreign names approaching the end of their careers. Three other second-tier clubs - Guangdong South China Tigers, Sichuan Longfor and Shanghai Shenxin – have already disbanded, leaving their players free to join other teams.
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