Data Map: On January 15, 2019, a worker was installing the Tianjin Tianhai Football Club team badge. On the same day, Tianjin Tianhai Football Club, located in Hexi District, Tianjin, renewed two club logos. Photo by China News Agency reporter Yu Yu

China News Network, March 5th. On the 5th, Tianjin Tianhai Football Club issued an "Announcement on the Proposed Transfer of All Equity of Tianjin Tianhai Club for Zero Yuan" through its official Weibo. The announcement said that from now on, it will recruit 100% of the club's equity in the form of zero transfer fee by recruiting suitable transferees.

Tianjin Tianhai Football Club said that in the 2019 season, the club completed the relegation task and retained its qualification to participate in the 2020 Super League. "But for well-known reasons, the club may not be able to maintain the team's normal operation throughout the season, the club has reached a critical moment of" life or death. "

Tianjin Tianhai was formerly known as Tianjin Quanjian. In 2015, Quanjian Group officially acquired the then Tianjin Songjiang Football Club, and Tianjin Quanjian Football Club was announced.

Full text of the announcement.

On January 14, 2019, the Chinese Football Association issued an announcement saying that it agreed to rename Tianjin Quanjian Football Club Co., Ltd. to Tianjin Tianhai Football Club Co., Ltd.

After the change of name, related reports such as Tianjin Tianhai's out-of-control recruitment and Tianjin Tianhai becoming a national football training team appeared in some media. On February 14, 2019, Tianjin Tianhai issued a statement that denied these rumors.

Since then, there have been media reports that the troubled Tianjin Tianhai is expected to obtain a capital injection from a large state-owned enterprise, provided that the new owner directly takes over the team and will not pay any fees for it.

On April 23, 2019, Tianjin Tianhai issued a statement saying that it had not contacted and negotiated with any enterprise on matters such as capital injection and transfer, and there was no acquisition of Tianjin Tianhai Football Club by a state-owned enterprise. It also stated that the club was operating well and that there was no arrears.

Data map: On January 15, 2019, the logo in the courtyard of Tianjin Tianhai Football Club has been updated. On the same day, Tianjin Tianhai Football Club, located in Hexi District, Tianjin, renewed two club logos. Photo by China News Agency reporter Yu Yu

In the 2019 season, Tianjin Tianhai participated in the Super League as usual, but struggled very much. On October 8, 2019, Tianjin Tianhai announced that head coach Park Zhongjun was out of class and appointed Li Weifeng as the team leader of the team. In the end, Tianjin Tianhai ranked third last in the 2019 Super League rankings, and successfully relegated.

In the announcement released by Tianjin Tianhai on the 5th, at the end of the 2019 season, the club entrusted Beijing Qihua Assets Appraisal Co., Ltd. to conduct an asset appraisal of the club. After evaluation, the club's total asset appraisal value was 64882.50 to 77171.72 million yuan.

Tianjin Tianhai Club stated: "In order to be able to retain the difficult qualifications of the Chinese Super League, the club made a difficult decision: from now on, it will recruit suitable transferees and will transfer 100% of the club's equity with zero transfer fees. Specific details such as claims and debts Negotiable. The deadline for the transfer is March 14, 2020. "(End)