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Zhu says boardroom fight not over yet
Source: AFP |
September 18, 2012, Tuesday
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SHANGHAI Shenhua's billionaire chairman has said a boardroom dispute is far from over.
Previous reports on the warring saga had put the future of the club's foreign players in doubt.
Zhu Jun, the flamboyant online gaming tycoon who has bankrolled the club for years, had reportedly threatened to withhold the salaries of Didier Drogba, Nicolas Anelka and Colombian midfielder Giovanni Moreno.
But all the foreign recruits played in Saturday's 3-0 win over Liaoning Whowin with Drogba even finding the net. Earlier, Shenhua head coach Sergio Batista had said the row had been "basically resolved".
But Zhu, who is demanding a majority control of the club, said on his microblog that he had set a new deadline for agreement to be reached by the end of the month. "Now, I made a difficult decision to believe you one more time, one last time! And this time I have a deadline: two weeks," Zhu said at the weekend, without giving details of the dispute or saying to whom the message was aimed.
Media reports claim that under a 2007 deal, Zhu's 28.5 percent stake in the club was supposed to rise to 70 percent if he invested more than 150 million yuan (US$23.6 million). Zhu has reportedly spent about 600 million yuan.
The Shanghai Youth Daily newspaper yesterday quoted an unnamed source as saying: "If this issue is not resolved satisfactorily, Zhu Jun might take action from October. If the issue of Drogba's salary is still not effectively handled, he might again book a ticket home," the paper reported.
Shenhua is ninth in the 16-club Chinese Super League. Drogba and Anelka are reportedly earning in excess of US$300,000 a week.
Previous reports on the warring saga had put the future of the club's foreign players in doubt.
Zhu Jun, the flamboyant online gaming tycoon who has bankrolled the club for years, had reportedly threatened to withhold the salaries of Didier Drogba, Nicolas Anelka and Colombian midfielder Giovanni Moreno.
But all the foreign recruits played in Saturday's 3-0 win over Liaoning Whowin with Drogba even finding the net. Earlier, Shenhua head coach Sergio Batista had said the row had been "basically resolved".
But Zhu, who is demanding a majority control of the club, said on his microblog that he had set a new deadline for agreement to be reached by the end of the month. "Now, I made a difficult decision to believe you one more time, one last time! And this time I have a deadline: two weeks," Zhu said at the weekend, without giving details of the dispute or saying to whom the message was aimed.
Media reports claim that under a 2007 deal, Zhu's 28.5 percent stake in the club was supposed to rise to 70 percent if he invested more than 150 million yuan (US$23.6 million). Zhu has reportedly spent about 600 million yuan.
The Shanghai Youth Daily newspaper yesterday quoted an unnamed source as saying: "If this issue is not resolved satisfactorily, Zhu Jun might take action from October. If the issue of Drogba's salary is still not effectively handled, he might again book a ticket home," the paper reported.
Shenhua is ninth in the 16-club Chinese Super League. Drogba and Anelka are reportedly earning in excess of US$300,000 a week.
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