• About
  • Advertise
  • Privacy & Policy
  • Contact
  • en English
    ar Arabicnl Dutchen Englishfr Frenchde Germanes Spanish
Saturday, February 4, 2023
  • Login
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • Basketball
  • Football
  • Moto GP
  • Formula 1
  • Boxing
  • Golf
  • Cycling
  • Tennis
No Result
View All Result
KICK442 Sport News
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • Basketball
  • Football
  • Moto GP
  • Formula 1
  • Boxing
  • Golf
  • Cycling
  • Tennis
No Result
View All Result
KICK442
No Result
View All Result
Home Football

Bassogog’s heavily indebted Chinese club to be relegated if…

December 27, 2022
in Football, LIONS
0 0
0
Bassogog’s heavily indebted Chinese club to be relegated if…

Christian Bassogog's heavily indebted Chinese club to be relegated if...

Share on FacebookShare on Twitter

Chinese Super League side Shanghai Shanhua, employer of Cameroonian forward Christian Bassogog could enter administration and be relegated from the topflight championship by the end of this week due to an over €130 Millions debt accrued from the past few years.

The club funded by debt capital have failed to meet their repayment obligations over the last four years, thus creating a situation which obligates their creditors to go via this route.

Since the start of the Coronavirus pandemic in 2020 Chinese Super League clubs have been hit by the cost of testing players and extending player contracts to complete the season and the loss of income from gate receipts with matches played behind closed doors in most of the time since then.

Unlike the clubs in the bigger leagues around the world, the Chinese Super League clubs cannot rely on billions in television rights deals to mitigate that financial blow.

The Chinese Super League board has now confirmed that Shanghai Shanhua will be subject to relegation they don’t pay the debt before January 1st.

The current administration of the club is currently working on different options of raising the needed funds before the deadline.

Earlier this week, rivals Guangzhou FC were relegated from the Super League due to accumulated debts.


Copyright©2022 kick442.com

All rights reserved. This material and any other digital content on this platform may not be reproduced, published, broadcast, written, or distributed in full or in part, without written permission from our management.

This site is not responsible for the content displayed by external sites

Next Post
MTN Elite 2 Matchday 5 wrap: Racing takes top spot while Foncha Street, Dynamo taste first defeat 

MTN Elite 2 Matchday 5 wrap: Racing takes top spot while Foncha Street, Dynamo taste first defeat 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Connect with us

  • 23.7k Followers
  • Trending
  • Comments
  • Latest
Announcement today as Marou Souaibou passes Pirates medical

Announcement today as Marou Souaibou passes Pirates medical

January 17, 2023
Algerian giants scouting Che Malone at CHAN 2022

Coton reject 25Million offer for Che Malone

January 22, 2023
Qatar 2022 World Cup: Andre Onana reinstated into the lions den

Qatar 2022 World Cup: Andre Onana reinstated into the lions den

November 29, 2022
Mbami Modeste passes on at 40

Mbami Modeste passes on at 40

January 7, 2023
Egypt 2023: Bosso invites 40 players to Flying Eagles’ camp in Abuja

Egypt 2023: Bosso invites 40 players to Flying Eagles’ camp in Abuja

2

Hello world!

1
Chosen Generation Angels, Royaltoms Queens set to battle for Bamidele Abiodun’s Cup

Chosen Generation Angels, Royaltoms Queens set to battle for Bamidele Abiodun’s Cup

1
NWFL Premiership kicks off ahead of NPFL for another season

NWFL Premiership kicks off ahead of NPFL for another season

1
Guinness Super League J5 : pas de vainqueur entre Éclair FF et Eding Sport de la Lékié (0-0)

Guinness Super League J5 : pas de vainqueur entre Éclair FF et Eding Sport de la Lékié (0-0)

February 4, 2023
55-year old Kazuyoshi Miura joins Oliveirense of the Portuguese second tier club

55-year old Kazuyoshi Miura joins Oliveirense of the Portuguese second tier club

February 4, 2023
SLFA Conducts CAF Mandated Inspection on Southern Arena, Explores Possibilities Hosting Upcoming Int’l Matches

SLFA Conducts CAF Mandated Inspection on Southern Arena, Explores Possibilities Hosting Upcoming Int’l Matches

February 3, 2023
Guinness Super League: Day Five Match preview

Guinness Super League: Day Five Match preview

February 3, 2023

Recommended

Guinness Super League J5 : pas de vainqueur entre Éclair FF et Eding Sport de la Lékié (0-0)

Guinness Super League J5 : pas de vainqueur entre Éclair FF et Eding Sport de la Lékié (0-0)

February 4, 2023
55-year old Kazuyoshi Miura joins Oliveirense of the Portuguese second tier club

55-year old Kazuyoshi Miura joins Oliveirense of the Portuguese second tier club

February 4, 2023
SLFA Conducts CAF Mandated Inspection on Southern Arena, Explores Possibilities Hosting Upcoming Int’l Matches

SLFA Conducts CAF Mandated Inspection on Southern Arena, Explores Possibilities Hosting Upcoming Int’l Matches

February 3, 2023
Guinness Super League: Day Five Match preview

Guinness Super League: Day Five Match preview

February 3, 2023

About Us

Operating from across seven countries on the continent with strong base in Cameroon, Ghana,
Nigeria, Uganda etc, we have the AFCON fully covered and give you updates as it happens.

Click www.kick442.com for an unforgettable experience

Don’t forget to like , comment and share as you tour the continent through us

Happy New Year 2022

Categories

  • AFCON
  • African Football
  • Amputee Football
  • Athletics
  • Basketball
  • Beach Soccer
  • Boxing
  • CAF
  • CHAN
  • Club World Cup
  • Cycling
  • Elite 2
  • Elite One
  • Elite Two
  • Exclusive
  • Featured
  • FECAFOOT
  • FIFA
  • Football
  • Formula 1
  • French
  • Golf
  • Guinness Super League
  • Handball
  • Lionness
  • LIONS
  • Moto GP
  • NBA
  • NPFL
  • Rugby
  • Tennis
  • Transfers
  • UFC
  • Uganda
  • Uncategorized
  • Volleyball
  • Women's Football
  • World Cup

Tags

A Andre Onana AtlasLions Champions League CHAN2022 CHAN 2022 Cotonsport FIFA FIFA Qatar World Cup Issama Mpeko IvoryCoast Jean Baptiste Bisseck Jerome Ngom Mbekeli Joel Tagueu Junior Kaaba Kaiba Djawal Kamilou Daouda Karl Toko Ekambi Magil Mbami Modeste Mike Fondop MMA Moroccan National Olympic Committee Morocco MotoGP 2017 Oldham Oldham Athletics Pierre Kunde Malong Premier League Roche Foning Romain Molina Souleymanou Aboubakar Super Bowl The Presidents Cup U-17 AFCON Algeria 2023 U-17 Lions UFC Union Sportive of Douala US Sports Valentino Rossi Vincent Aboubakar Walid Regragui Wydad Wydad Athletics Zlatan Ibrahimovic

Recent News

Guinness Super League J5 : pas de vainqueur entre Éclair FF et Eding Sport de la Lékié (0-0)

Guinness Super League J5 : pas de vainqueur entre Éclair FF et Eding Sport de la Lékié (0-0)

February 4, 2023
55-year old Kazuyoshi Miura joins Oliveirense of the Portuguese second tier club

55-year old Kazuyoshi Miura joins Oliveirense of the Portuguese second tier club

February 4, 2023

© Copyright 2019 KICK442 - Develop By Emmanuel Taah

No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • Basketball
  • Football
  • Moto GP
  • Formula 1
  • Boxing
  • Golf
  • Cycling
  • Tennis

© Copyright 2019 KICK442 - Develop By Emmanuel Taah

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

You cannot copy content of this page