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Next football club faces demise

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Published: November 3rd, 2021,
Last updated: November 3rd, 2021

Another Chinese professional football club has run into financial troubles. Following in the footsteps of defending champions Jiangsu FC and Tianjin Tianhai, first division club Hebei FC is now facing financial collapse. The club’s management announced on short messaging service Weibo that the training operations of the youth department would have to be discontinued to reduce costs.

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Finance Chinese Super League Sports Soccer Real Estate