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China's Guangzhou Evergrande Winning Big On Pitch, Losing Big In Coffers

Published in SportsBusiness Daily Global on 04 / 29 / 16

The "cost of winning has caught up" with Chinese Super League side Guangzhou Evergrande Taobao FC, which has revealed a "staggering" loss of 953M yuan ($147M) for the year ended '15, according to Paul Nicholson of INSIDE WORLD FOOTBALL. The loss "is more than 2.5 times the club’s revenue which...

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Tags: Finance, China

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