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Western media: The Chinese Super League bubble has finally burst! The 12th team is on the verge of bankruptcy, and the Golden Dollar era is gone

With Shanghai Harbour's dramatic victory over Guangzhou and the runner-up of the Chinese Super League, the 2021 Chinese Super League has finally come to an end. "As" wrote an article commenting on this season's Chinese Super League, pointing out that "the Chinese Super League bubble has finally burst", and the following is a full translation.

Western media: The Chinese Super League bubble has finally burst! The 12th team is on the verge of bankruptcy, and the Golden Dollar era is gone

The Chinese Super League ended with an unexpected championship team, and Fellaini's Shandong Taishan finally won the championship. The bubble of Chinese football has been punctured, 12 of the 16 teams are on the verge of bankruptcy, and if anyone is willing to risk trying, it is time to "inflate" again.

Gone are the days when Chinese clubs lured European football superstars with huge sums of money, and in most cases the offers clearly outweighed market value. This is done to make the Chinese league the most powerful league in Asia, attract media attention, and even compete with European teams in the future. However, that's the end of it.

Western media: The Chinese Super League bubble has finally burst! The 12th team is on the verge of bankruptcy, and the Golden Dollar era is gone

Just six years ago, Jiangsu Football Club, a subsidiary of Suning Group, who is also the owner of Inter Milan, signed Teixeira from miners for 50 million euros and Ramirez from Chelsea for 28 million euros, thus breaking the rules of the market.

Just two years ago, they were very interested in Bell, but the signing did not make it. They had hoped to compete with Guangzhou and usher in a new era in the Chinese Super League, just like the competition between Real Madrid and Barcelona.

Western media: The Chinese Super League bubble has finally burst! The 12th team is on the verge of bankruptcy, and the Golden Dollar era is gone

However, after winning last season's title, Jiangsu "disappeared". Their debt exceeds 100 million euros, almost half of all clubs receive TV broadcast fees (150 million to 200 million euros).

Guangzhou, once a rival of Jiangsu, is also at risk of bankruptcy. Top players such as Barrios, Conca, Gilardino, Paulinho and Jackson Martinez have played for Guangzhou since 2010, and they have also hired two world champions, Scolari and Lippi. During the season, the club has been in a delicate situation, with debts exceeding 100 million euros.

Western media: The Chinese Super League bubble has finally burst! The 12th team is on the verge of bankruptcy, and the Golden Dollar era is gone

Clubs like Dalian, which belong to the Wanda Group, once had players like Carrasco and Gaitan, and also hired managers such as Benitez, Schuster and Carlo, who also led Dalian to the Chinese First Division in 2017. In the final round of the league, Dalian failed to relegate and did not have any star players in the team.

The Chinese Super League has no money, no money, and their attempts to create a tournament that can compete with Europe have also failed.

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