Revealed that Bayi mens basketball team will withdraw from CBA and Fubang will regain its place in CBA

category:Sports
 Revealed that Bayi mens basketball team will withdraw from CBA and Fubang will regain its place in CBA


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However, it should be pointed out that at that time, in the ownership structure of CBA company, Bayi Fubang Club owned 5% of the shares, and Fubang group accounted for 51% of the shares in the club, which was a major shareholder. Therefore, Fubang group has always claimed that it has the right to participate in the CBA League. In the end, Bayi mens basketball team participated in the next CBA League as a specially invited team, but the word special invitation has shown the embarrassing position of Bayi mens basketball team in CBA. With the cancellation of Bayi Fubang basketball club, 5% equity of CBA company was obtained by Ningbo Fubang Holding Group Co., Ltd., and the qualification of CBA league matches also belongs to Fubang group in a strict sense.

In the 2019 military games, the Bayi mens basketball team won the bronze medal (third place), which created the best result of the Bayi mens basketball team in the military games, and completed its mission on schedule. Now, after the end of this season, Bayi mens basketball team will be officially disbanded and withdraw from the CBA League, and the number of CBA entries will be reserved for Ningbo Fubang group. According to the sports business to Fubang group, Fubang group has been actively preparing to build its own basketball team since the friendly break-up with Bayi mens basketball team, always ready to play in the CBA League.

Bayi mens basketball team has a glorious history of more than 60 years. It has won the CBA League Championship eight times, including the six consecutive titles from 1995 to 2001. In addition, the PLA with Bayi mens basketball team won seven national championships in the third, fourth, sixth, seventh, eighth, ninth and Tenth National Games. On June 13, 2000, Bayi mens basketball team was awarded the honorary title of United and struggling sports force by the Central Military Commission. Extended reading August 1 exit CBA? Liu Yudong: everything is normal. Dont believe rumors. Dont spread rumors. Shanghai Media: August 1st will not be disbanded, but will not participate in the CBA. Fubang, chairman of the board, was elected chairman of Ningbo Basketball Association before January. He organized a team to participate in the CBA. Source: sports big business editor: Wang Mengfei_ NBJS10260

Bayi mens basketball team has a glorious history of more than 60 years. It has won the CBA League Championship eight times, including the six consecutive titles from 1995 to 2001. In addition, the PLA with Bayi mens basketball team won seven national championships in the third, fourth, sixth, seventh, eighth, ninth and Tenth National Games. On June 13, 2000, Bayi mens basketball team was awarded the honorary title of United and struggling sports force by the Central Military Commission.