Chen Yu was clear on the issue of club ownership.
Take basketball, for example.
Of the 14 existing teams in the Jia A league, Chen Yu knew that only three—Hongyuan, Guanghui, and Gai Tianli—were truly private clubs.
The remaining 11 teams all had complex and unclear ownership structures.
Take Shougang, for instance. It was affiliated with the state-owned Shougang Group, yet it also answered to the Capital Sports Bureau.
The Eastern Team's equity situation with Modu Television had always been ambiguous, and mixed into that were ownership claims from the Modu Sports and Technology College and the Modu Sports Bureau.
Nangang had a similar problem; its equity split with the Provincial Sports Academy had never been clearly defined.
And then there was the Basketball Management Center, which demanded a cut and controlled all naming and broadcasting rights.
Especially the broadcasting rights.
