The Reorganization Mechanism of Professional Football Clubs
Chinese professional football clubs have not yet fully marketized in their operation mode,shareholding structure and finan-cing ability.As a result,they face multiple challenges,including weak profitability,highly concentrated equity,and high financing barriers.The compounding of these issues has led many professional football clubs into a debt crisis.To escape this predicament,Chinese professional football clubs urgently need the support of reorganization mechanisms to proactively address their debt issues in a market-oriented manner.Chinese professional football clubs possess unique reorganization values,including human resource value,local cultural value,and team brand value.The construction of reorganization mechanisms for professional football clubs should focus on limiting the"money-oriented football"operational model,optimizing the club's equity structure,and investment forms.The Chi-nese Football Association could consider establishing a pre-reorganization process.In special cases,courts could apply the Deep Rock principles or substantive consolidation rules to the clubs and their parent companies.
professional football clubsreorganizationsports law
NETL
NSTL
万方数据
