Live Bar February 26 news According to the Northwest Lookout, Xu Jiayin made a decision to require 15 million to operate the Guangzhou team for one year. Only three years ago, Guangzhou Evergrande (now Guangzhou Team) had a total operating cost of 2.9 billion yuan and a loss of more than 1.94 billion yuan.
According to the annual report, Evergrande's total revenue in 2019 was 948.9 million, of which the main business revenue was 782 million. However, the total cost of the club reached 2.89 billion, close to 2.9 billion, of which the main business cost was 2.4 billion yuan, and the club's total loss in 2019 reached 1.94 billion. Due to player salaries and transfer costs, Evergrande's operating costs are still at a high level, resulting in it still in a state of loss.
In the second item of the important risk warning table of Evergrande's 2019 annual report, it was written that the nature of the company's business determines its need to attract and retain the best players and coaching team in the league. Companies need to pay high salaries and transfer fees to players and coaching staff, and player compensation and transfer fee expenses are the company's biggest costs. If the overall salary and transfer fee of the industry increase, and the company's revenue cannot grow in tandem, the company's performance will be adversely affected.
In terms of revenue, Evergrande's advertising revenue in 2019 reached 566 million, accounting for 72.34% of the total revenue; while the game appearance fee or bonus income was 87.06 million, accounting for 11.12% of the total revenue; the ticket revenue was 57.26 million, accounting for 7.32% of the total revenue.
In addition, Evergrande Real Estate Group, the parent company of Evergrande, directly contributed 463 million yuan of revenue to the club
Evergrande's annual report explains the club's operating conditions:
（WinksK4）