Jiangsu Fc

[Wolves Heathen]

I dont know if this has been posted elsewhere, Jiangsu FC closed down by its owners, this seems to confirm the Chinese government has had a change of heart about its commitment to Football.

Inter owners close Chinese side Jiangsu

Chinese Super League champions Jiangsu FC - who have the same owners as Inter Milan - "cease operations".

www.bbc.co.uk

We can only hope that this doesnt impact on Wolves to much.

 

[forge]

Uh oh

 

[Golden_Wolf]

There was something I read regarding these which indicated they were really struggling with financially. Struggling to pay salaries, suppliers & installments on transfers.

Hopefully doesn't effect us but maybe could be why Fosun were/are looking for external investment.

Article doesn't go into much detail so wouldn't worry at this stage in all honesty. Things might become a bit clearer in the summer.

 

[5150]

Why would this effect us ?

It's a Chinese club going to the wall because the Chinese government have cut back on investment on Chinese football because of falling (and failing) interest in Chinese football.

 

[Ewok vs Wolf]

Here come the conspiracies

 

[SingYourHeartsOut]

Something I'm never sure we've really known, is whether Fosun see us as a financial investment to make profit, or whether the Chinese government see football as more of a "soft power" enterprise. I've always suspected the first one, in which case the fact that the pump has been primed and we're becoming an established Prem club is probably job done, now we have to run at a profit, as they have indicated. I don't think they'll pull the plug, but they've invested to get us to a good level and now it's down to Nuno and the boys.

 

[purplepault69]

Here come the conspiracies

What do you mean " here come " they have been here and active since day one of Fosun / Wolves FC.

 

[purplepault69]

Just a thought , are there likely to be any good Jiangsu FC players that are now out of contract ?

 

[KBWWFC]

Why would this effect us ?

It's a Chinese club going to the wall because the Chinese government have cut back on investment on Chinese football because of falling (and failing) interest in Chinese football.

Their owners own Inter Milan too, think they have a transfer debt of 210M

This could spiral.

 

[Leominster_Wolf]

I’ve seen this thread and every time I’ve read it as jigsaw FC.

now if ever there was a team where the overall team would be better than the sum of its parts it would be jigsaw fc.

 

[whitnash wolf ex.dewsbury]

I’ve seen this thread and every time I’ve read it as jigsaw FC.

now if ever there was a team where the overall team would be better than the sum of its parts it would be jigsaw fc.

just need frankowski then

 

[Manic88]

it’s a snowball

Being forced to buy Silva by Mendes > This random Chinese club going under + TUI banned from selling you a week in Magaluf by Boris > Fosun going under > Chinese govt losing interest in football > Wolves selling all our players

when you look deeper it’s all Moxey’s fault

 

[Deleted member LP 3925]

Uh oh

You minimalistic, meta-ironic genius you!

 

[Mile End Wanderer]

Chinese government could get involved with Fosun but somehow I doubt they will

 

[VancouverWolf]

Chinese government could get involved with Fosun but somehow I doubt they will

Will?

 

[Mile End Wanderer]

Will?

Time will tell on fosuns ambitions will Wolves ultimately

 

[Guzeppi]

Why would this effect us ?

It's a Chinese club going to the wall because the Chinese government have cut back on investment on Chinese football because of falling (and failing) interest in Chinese football.

Doesn't effect us per se.
However, it is still of interest to football in European top leagues strangely enough. The owners also own the giant club of Inter in Italy and is therefore making the news over on our side of this continent.

 

[Stoichkov]

I’ve seen this thread and every time I’ve read it as jigsaw FC.

now if ever there was a team where the overall team would be better than the sum of its parts it would be jigsaw fc.

I’ve heard

They’re falling to pieces now

Though they’re good in the box

Erm

That’s it

Bye

 

[1972 i began]

just need frankowski then

He really wasent the missing bit though.

 

[kidder_wolf_II]

Chinese government could get involved with Fosun but somehow I doubt they will

Isn’t the Sinopharm Group who are behind the Chinese Covid Vaccine 51% owned by the Chinese government and 49% owned by fosun?

 

[WolfLing]

If another club in the Premier League folded, it would cause upheaval in our season and have indirect financial impacts on the TV deal going forward. But other than those indirect impacts, it wouldn't really have anything to do with us.

So a club folding in the Chinese Superleague really doesn't have anything to do with us and really won't impact us!

 

[SteveBullsKnee]

The long term aim by Fosun with wolves is for us to be more self sufficient anyway so im not concerned, in fact id prefer it. Ultimately the club was here before Fosun so id like it to be here when they invariably withdraw whether thats in a year or 20 years.

 

[WufflerMuffler]

Jiggy-sawrus = very big puzzle
Like us, really.

 

[whitnash wolf ex.dewsbury]

He really wasent the missing bit though.

so right!he was supposed to be though

 

[xbomber]

I'm more perturbed by people using "effected" when they mean "affected".

 

[SteveBullsKnee]

I'm more perturbed by people using "effected" when they mean "affected".

You wouldnt believe how many posts ive put on where ive had to check this, so if its been me in the past, apologies!

 

[1972 i began]

so right!he was supposed to be though

Yeah he was.

 

[xbomber]

You wouldnt believe how many posts ive put on where ive had to check this, so if its been me in the past, apologies!

You don't need to, it's my hang up not yours!

 

[KBWWFC]

Their owners own Inter Milan too, think they have a transfer debt of 210M

This could spiral.

The morning edition of the corriere dello sport saying Inter have failed to pay one of the add-on bonuses for the Lukaku deal, and are now forced to pay the entire 51M remaining balance immediately.

 

[KBWWFC]

The morning edition of the corriere dello sport saying Inter have failed to pay one of the add-on bonuses for the Lukaku deal, and are now forced to pay the entire 51M remaining balance immediately.

Inter Milan 'MISS a payment to Man United for Romelu Lukaku'

The Serie A side are said to have missed a bonus payment of £4.32m included in the original agreement for the striker dating back to 2019, when he joined the club for £75m.

www.dailymail.co.uk

 

[WeAreTheWolvesII]

Suning's Chinese Super League collapse and what it means for Inter Milan

Inter Milan's owners just shut down their club in China. But why? And does that mean trouble for the Serie A leaders?

theathletic.co.uk

Interesting read. Quite worrying that from the list of clubs in the comments by the author at the bottom, we're one of the only ones that nothing bad has happened to... yet.

 

[Aurum Lupus]

You wouldnt believe how many posts ive put on where ive had to check this, so if its been me in the past, apologies!

It's so easy to do. I'm sure I've been guilty of getting the wrong one, and consider myself to have a reasonably good grasp of written English