On November 13th, Hebei China Fortune Football Club announced a series of changes in their management structure. Zhao Hongjing is set to become the Chairman of the board, taking the place of Ye Jun.
At the same time, China Fortune Football Club announced that China Fortune Football Club will set up a new Management Committee. Wang Wenxue will head the group. Former Chairman
Ye Jun will be one of the group members as will the new Chairman, Zhan Hongjing.
Hebei China Fortune Football Club currently play in the Chinese Super League(CSL). The team is based in Qinhuangdao, Hebei and their home stadium is the Qinhuangdao Olympic Sports Center Stadium which has a seating capacity of 33,000. Their current owners are property developers China Fortune Land Development who acquired the club in January 2015.
According to Forbes, Hebei are the 7th most valuable football team in China, with a team value of $90 million, and an estimated revenue of $22 million last year.
Proofread by Sean O Diobhilin