Chinese Super Leaguemedium

Which major Chinese property conglomerate's severe debt crisis led its sponsored football club to be renamed Guangzhou FC in 2021, dropping the conglomerate's name?

CORRECT ANSWER
Evergrande Group

Guangzhou Evergrande was renamed Guangzhou FC in 2021 after China Evergrande Group, the club's parent company, became embroiled in a major debt crisis.

ALL OPTIONS
โœ“Evergrande Group
BSuning Holdings
CDalian Wanda Group
DChina Fortune Land Development
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