Full name | 山东鲁能泰山足球俱乐部 Shandong Luneng Taishan F.C. |
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Nickname(s) | Taishan Dui(Chinese: 泰山队; pinyin: Tàishān Duì, meaning 'Team Mount Tai') |
Founded | April 10, 1956 December 2, 1993 (Professional) |
(Semi-professional)
Ground |
Jinan Olympic Sports Center Stadium, Jinan, Shandong, China |
Capacity | 56,808 |
Owner | Shandong Luneng Group |
Chairman | Sun Hua |
Manager | Felix Magath |
League | Chinese Super League |
2016 | Super League, 14th |
Website | Club home page |
Shandong Luneng Taishan (simplified Chinese: 山东鲁能泰山; traditional Chinese: 山東魯能泰山; pinyin: Shāndōng Lǔnéng Tàishān) is a professional football club that currently participates in the Chinese Super League under licence from the Chinese Football Association (CFA). The team is based in Jinan, Shandong and their home stadium is the Jinan Olympic Sports Center Stadium that has a seating capacity of 56,808. Their current majority shareholder is the Luneng Group, which is a subsidiary of Shandong Electric Power Group Corporation, the biggest supplier of electric energy in Shandong province and itself part of the State Grid Corporation of China.
The club's predecessor was called Shandong Provincial team who were founded in April 10, 1956 while the current professional football team was established in December 2, 1993. They were one of the founding members of the first fully professional top tier league in China. Since then they have gone on to win their first ever league title in the 1999 league season. They have continued to win domestic silverware with the 2006, 2008, 2010 league titles, making them one of the most successful Chinese football teams.
According to Forbes, Shandong are the 5th most valuable football team in China, with a team value of $126 million, and an estimated revenue of $24 million in 2015.
The club was founded on April 10, 1956 by the local Shandong Province government to participate in the recently established and expanding Chinese football league where they originally named themselves Shandong Provincial team. They took part in the 1957 league season where they started within the second tier and finished bottom within the group stages. The following season saw an improvement from the team finishing an improved third within their group, however participation within the league became sporadic as the management decided to concentrate the team's efforts on the multi-sport event Chinese National Games. Participating within the 1965 Chinese National Games the club ultimately came ninth within the tournament. The following season any attempt to return to the league was halted for several seasons due to the Chinese Cultural Revolution.