A court in Canton, southeastern China, formally opened the insolvency liquidation process of Guangzhou FC, former Guangzhou Evergrande and one of China's most successful football clubs, after years of financial hardship.
Company that Yan founded entered judicial liquidation and the club that wanted to be the biggest in Asia awaits the same destination: the Guangzhou Evergrande, who won eight Championships and two Champions, ended.
A court in Canton, southeastern China, formally opened the insolvency liquidation process of Guangzhou FC, former Guangzhou Evergrande and one of China's most successful football clubs, after years of financial hardship.