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Spirethoughts

Spire's six most recent Spirethoughts.

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Will China become the next football super-power?

Football has found yet another fan – this time in the form of Chinese President Xi Jinping, who hopes for China to lift the football World Cup in the future.

Backing the growing interest in the sport, a real estate company – Evergrande – turned a rural southern China area into a Football School in Quingyuan, Guangdong, making it the largest football academy in the world at a cost of USD185 million.

The 167-acre site has 50 pitches in addition to basketball, volleyball and tennis courts, a movie theater and swimming pool along with a gym, several canteens with even a library. It is home to 2,600 boys and 200 girls. A link up with Real Madrid means more than 20 Spanish coaches run sessions at the school alongside translators.

Parents are even willing to pay up to USD9,200 a year – more than the average annual wage in China – with hopes pinned at their children to either make it to the national football team or play for Spanish clubs.

Will China translate its economic power into football prowess?


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Phone: (91) 124 646 5499
E-mail: nidhi.singh@spireresearch.com

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