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Guangzhou Evergrande F.C.

Guangzhou Evergrande Taobao
Guǎngzhōu Héngdà Táobǎo
广州恒大淘宝
GuangzhouEvergrandeTaobao FC 2015.png
Full name Guangzhou Evergrande Taobao Football Club
广州恒大淘宝足球俱乐部
Nickname(s) Southern China Tigers (华南虎)
Founded June 1954; 62 years ago (June 1954) (Semi-professional)
8 January 1993; 24 years ago (8 January 1993) (Professional)
Ground Tianhe Stadium
Ground Capacity 58,500
Owner
Chairman Li Yimeng
Manager Luiz Felipe Scolari
League Chinese Super League
2016 Chinese Super League, 1st
Website Club home page
Current season
Guangzhou Evergrande Taobao F.C.
Simplified Chinese 广州恒大淘宝足球俱乐部
Traditional Chinese 廣州恆大淘寶足球俱樂部
Southern China Tigers
Chinese 华南虎

Guangzhou Evergrande Taobao Football Club is a professional Chinese football club that participates in the Chinese Super League under the license of the Chinese Football Association. The team is based in Guangzhou, Guangdong, and their home stadium is the Tianhe Stadium which has a seating capacity of 58,500. Their majority shareholders are the Evergrande Real Estate Group (56.71%) and the e-commerce company Alibaba Group (37.81%) as at 30 June 2016. In late 2015 shares of the football clubs was started to trade in Chinese OTC system (NEEQ834338).

They were founded in 1954, and won several second tier titles before they became professional in 1993. Their results improved, leading to a runners-up spot in China's top tier. Unable to improve upon these results the club went through a period of stagnation and decline before they experienced a brief revival when they won the 2007 second division. In 2009 the club were embroiled in a match-fixing scandal and they were punished with relegation. The Evergrande Real Estate Group decided to purchase the club and pumped significant funds into the team. They immediately won promotion and gained their first top tier title in the 2011 season. The club is the only Chinese football club to win AFC Champions League twice, in 2013 and 2015. The club is also the first Chinese club to participate in the FIFA Club World Cup, making its first appearance in 2013.

According to Forbes, Guangzhou Evergrande is the most valuable football team in China, with a team value of US$282 million and an estimated revenue of US$57 million in 2015. However, the actual figures were total assets CN¥2.009 billion, net assets CN¥524.9 million, revenue CN¥380.6 million and net loss of CN¥953.2 million.


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