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China’s Shenzhen FC disbanding rumors… Gangwon FC, ‘Lim Chae-min transfer fee’ 1 billion won?

Posted on March 16, 2023March 16, 2023 By admin No Comments on China’s Shenzhen FC disbanding rumors… Gangwon FC, ‘Lim Chae-min transfer fee’ 1 billion won?

As rumors of the dissolution of Shenzhen FC, a Chinese professional football club, broke out, the worries of K League 1 Gangwon FC, which did not receive about 1 billion won of ‘money taken’ for two years, are deepening.

An official from Gangwon said on the 16th, “Lim Chae-min’s transfer fee has not come in yet. There is no talk from the propaganda side.”

He continued, “The decision of the International Football Federation (FIFA) has come out, but we are not receiving it.

Shenzhen, which won the first year of the Chinese Super League in 2004, is currently suffering from severe financial difficulties.

Shenzhen, a corporate club, is the parent company of large real estate developer Zhao Jiaoye (佳兆業, English name Kaisha).

Zhao Ye, who was an emerging powerhouse in the Hong Kong real estate market, began to stumble in the second half of 2020 when the authorities strongly swindled real estate money in order to stabilize housing prices and remove the bubble in the real estate industry.

In the end, the situation of Shenzhen FC deteriorated as it fell into default (default) at the end of 2021.

Gangwon is in a state of entanglement with propaganda due to the player transfer fee issue. 안전놀이터

Key defender Lim Chae-min (currently Jeju) left for Shenzhen in April last year, but Gangwon received only a portion of the transfer fee and did not receive about 770,000 dollars (approximately 1.01 billion won).

Gangwon, who had been waiting, eventually filed a complaint with FIFA and received a decision to ‘pay the overdue transfer fee’ in November of last year.

The FIFA-affiliated dispute mediation agency accepted Gangwon’s argument to a large extent and instructed Shenzhen to pay $770,000 unpaid with interest, plus a penalty of about 500 million won.

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