Sport
Chinese powerhouse’s stunning announcement in $9.5 billion disaster – Yahoo Sport Australia
Jiangsu FC have announced they will ‘cease operations’ just three months after winning the Chinese Super League title.
Jiangsu Suning players and staff celebrate winning the Chinese Super League title. (Photo by STR/AFP via Getty Images)
Chinese football powerhouse Jiangsu FC have announced it will cease operations with immediate effect, just three months after winning the Chinese Super League title for the first time.
Nanjing-based Jiangsu, owned by retail giant Suning that also holds a majority stake in Italian league leaders Inter Milan, said on social media that it hoped that a new backer could be found after…
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