F
Flavia
Guest
It is certainly crazy. If you look at the top transfers made in this winter transfer window in terms of sheer $ the highest ones were mostly acquired by C-League (Chinese Super League and League One) clubs. Brazilian players glore, some of who are even current or former Brazil NT players.
Where does the money come from? Most Chinese clubs are owned by enterprises/companies but I am not really clear as to what exactly they are as I am not following C-League that much. I know a few companies are real estate companies (for example the one that owns Guangzhou Evergrande). I have no idea where they got all the money from. I guess some of them have been riding high and cashing in on our relatively booming economy (but has been making a down turn lately).
I fear a bubble is in the making and will burst one day. I hope I am wrong.
I read about the chinese league selling their tv rights from 2016-20 for 1 billion euros. Is that true?