“The club is not for sale” – the GC owners are still considering offers

Photo Manuel Geisser 24-07-2022 Letzigrund Stadium Football Men Season 2022/2023 Grasshopper Club Zurich - FC Lugano Photo: Cheering in the stands with Jenny Wang GC owner *** Photo Manuel Geiss ...
The future of the Swiss football record champion is again uncertain. The club has confirmed that the Chinese owners are considering takeover bids.

For almost exactly three years, the Chinese have been at the helm of GC. In April 2020, the owners, who already owned English Premier League club Wolverhampton Wanderers, took over.

Since then, the return to Super League has been missed (2020), then promoted (2021) and the class retained (2022), with the standings narrowly avoiding participation in the relegation barrage. Also in the current season, the Grasshopper Club is more concerned with the bottom of the table than the top positions. The glorious times of the record champion are longer and longer.

GC's Teruki Hara and his teammates leave the field after the defeat in the Super League match between BSC Young Boys Bern and Grasshopper Club Zuerich, on Sunday, April 10, 2023 in St...

And so it should come as no surprise to anyone that the Chinese are unlikely to object much to the end of their Zurich adventure. According to business portal “Bloomberg,” GC owner Jenny Wang is working with an investment bank that is scrutinizing potential buyers.

GC interim chairman Andras Gurovits confirmed his interest in the club to “Blick”. Questions have been asked about this lately. “As part of a professional process, the owner now wants to have the options for action investigated,” says Gurovits, who works as a lawyer in daily practice.

However, he emphasized that there was no concrete intention to sell. The Chinese owners would honor their financial obligations to GC. “The club is not for sale.”

However, this attitude can change if a bid is judged to be sufficiently high. (RAM)

Soource :Watson

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Amelia

Amelia

I am Amelia James, a passionate journalist with a deep-rooted interest in current affairs. I have more than five years of experience in the media industry, working both as an author and editor for 24 Instant News. My main focus lies in international news, particularly regional conflicts and political issues around the world.

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