Wang Jianlin planted in football again: he failed to get 3.5 billion shares in two years

 Wang Jianlin planted in football again: he failed to get 3.5 billion shares in two years

According to the statement, in two years, Wanda Group spent 3.5 billion yuan to support the development of Dalian football, and does not include the huge amount of operating capital of CSL invested in the Dalian side, but Wanda has not yet obtained the equity of the Dalian side.

Two years after playing with Dalian Football Association, Lao Wang is really tired.

Take over for two years and still not get equity

Wanda wont do it

Wanda Group has been involved in the field of Chinese professional football since 1993. During the campaign of Dalian Wanda football club in League A, it won the League Championship in 1994, 1996, 1997 and 1998.

At the beginning of 2000, Wanda transferred the team to Dalian Shide, and then withdrew from Chinese football. Wang Jianlin said bluntly, Chinese football is too dark and announced permanent exit.

Video screenshots

After Wanda Group let go, Dalian football has been taken over by many enterprises, and the results of the club were once depressed and dropped to the Chinese League. After Dalian took over, the club gradually went on the right track and returned to the CSL in 2017.

In 2009, Wanda joined hands with a group to jointly invest in Changbaishan international tourism resort, and at that time, there were shareholders such as oceanwide. In 2017, Wanda sold its shares in Changbai Mountain Resort, which was taken over by Dalian.

In 2010, sun Xishuang, chairman of Dalian Yifang group, became a shareholder of Wanda cinema, with a shareholding ratio of 4.2%, which is the natural person shareholder next to Wang Jianlin.

In June 2011, Dalian Yifang group moved its headquarters to Beijing. The headquarters address is located in Wanda Plaza, No. 93 Jianguo Road, Chaoyang District, the same as Wanda Groups headquarters.

In July 2014 and January 2015, Wanda increased its stake in Centennial life twice. On the one hand, Dalian is the shareholder of Centennial life, which was frequently sold by shareholders due to losses at that time.

In December 2014, Wanda Commercial real estate was listed on the main board of the Hong Kong stock exchange. Sun Xishuang holds 6.3% of the shares and is the only natural person shareholder holding more than 5%. Wanda business was delisted from Hong Kong stock market in 2016 and changed its name to Wanda business management.

Wang Jianlin, image source: visual China

However, Wanda Group said that Wanda has not obtained the equity of a football club, the problems left over by the clubs history have not been solved, and even the club account cannot be used. In this case, Wanda Group cannot continue to support one football club in the current way.

According to qixinbao data, the shareholders of Dalian are Dalian Yifang Group Co., Ltd. and Dalian Yifang Real Estate Co., Ltd.

Screenshot of qixinbao

Excluding huge operating capital of CSL

3.5 billion in two years

Every editor has noticed that Wanda Group has invested a huge amount of money in the two years of taking over Dalian.

In February 2018, Dalian announced the introduction of Belgian international Carrasco and Argentine international Gaitan. According to sina sports, the total transfer fee is 48 million euros, including 30 million euros for Carasco and 18 million euros for Gaetan. Tencent sports quoted foreign media reports that karascos annual salary in Dalian Wanda reached 10 million euros.

In February 2019, the Dalian side signed Hamsik from Naples. According to Tencent sports, Hamsiks transfer fee is 20 million euros. He signed a three-year contract with the Dalian side. In these three years, Hamsiks total salary will reach 27 million euros.

On July 2, 2019, the official side of Dalian announced that Benitez, a famous Spanish coach, would be the head coach. According to the BBC, Benitezs annual salary in Dalian has reached 12 million pounds (about 104 million yuan), directly doubling his salary in Newcastle.

With the support of huge amount of funds, the Dalian side has made good achievements in 2019 season, with the teams 10 wins, 8 draws, 12 losses and 38 points ranking ninth in the Chinese Super League.

In addition, Wanda Group also invested 2 billion yuan to build a football youth training center in Dalian; invested nearly 1 billion yuan to build a dozen football youth teams aged 12 to 21 with about 350 people; and signed an agreement to support 10 key football primary schools in Dalian with 500 million yuan in a decade.

Video screenshots

But the sudden changes may cost Wanda money and effort in two years.

According to the statement, Wandas idea is to seek to rebuild its professional club.

However, from the current situation, if Wandas club starts to play in the middle championship, it will not appear in the second competition until 2022 at least, unless Wanda directly acquires the second China Club Dalian Gigabyte.

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