Beijing, Feb 27 (IANS) China should rely on its own efforts and intelligence to find the appropriat way of developing football instead of just buying oversea clubs, said a spokesman of China's General Administration of Sports on Monday.
"China's football development should depend on our own efforts and intelligence, the road of simply relying on others is blocked," said the spokesman in an announcement released by China's General Administration of Sports, after some reports said that Chinese enterprises are intended to purchase foreign football clubs at high price.
"We need to start with building the foundation with the construction of juvenile football as well as the system of leagues and national teams," the spokesman continued, "Only with long and persistent efforts can we make achievements."
"We welcome enterprises' enthusiasm and support to sport industry and football. However, we also need to remind them that enterprises shall abide by the relevant regulations of our country to avoid the possible risks caused by irrational large investment outward," he said.
"These kinds of investments shall be conducted within the rules of our country with prudent and rational attitude."
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
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