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Shanghai Port F.C.
Shanghai Port Football Club (Chinese: 上海海港足球俱乐部; pinyin: Shànghǎi Hǎigǎng Zúqiú Jùlèbù) is a Chinese professional football club based in Shanghai, that competes in the Chinese Super League, the top tier of Chinese football. Shanghai Port plays its home matches at the Pudong Football Stadium, located within Pudong. Their owners are the Chinese group Shanghai International Port Group (SIPG).
The club was founded on 25 December 2005 as Shanghai East Asia (Chinese: 上海东亚; pinyin: Shànghǎi Dōngyà) by former Chinese international footballer Xu Genbao. The club used graduates from the Genbao Football Base, a football academy also founded by Xu, to form their first team as they made their debut in the third tier of China's football league pyramid in the 2006 league season. They made it to the top tier in the 2013 season and changed their name to Shanghai SIPG (Chinese: 上海上港; pinyin: Shànghǎi Shànggǎng) after SIPG's takeover in December 2014. They finished as league champions for the first time in the 2018 Chinese Super League season, and changed to their current name in 2021. Shanghai Port then won two more league titles in the 2023 and 2024 seasons.
According to a Forbes report from 2015, Shanghai Port was the third-most valuable football club in China, with a club value of $159 million and an estimated revenue of $37 million. According to the annual report of the parent company, the club had a revenue of CN¥565.7 million in 2015, as well as a net loss of CN¥41.5 million, total assets of CN¥286.8 million, and net assets of CN¥59.7 million.
On 16 May 2000, the former Chinese international football coach Xu Genbao founded the Genbao Football Base and enrolled 96 academy members born between 1988 and 1991, who were to be trained in the recently built Genbao Football Base Arena.
Xu Genbao initially had no intention of establishing a professional football club. However, as the youngsters in the Base grew up, the lack of youth football competition in China prompt Xu to set up a football club so that his protégés could earn match experiences in professional football. On 25 December 2005, Shanghai East Asia Football Club was jointly established by Xu Genbao and Shanghai East Asia Sports and Culture Center Co. Ltd, with Xu Genbao being the club chairman. Xu appointed Claude Lowitz, a French youth coach in the Base, as the team manager.
With young players aged between 14 and 17, Shanghai East Asia competed in the 2006 China League Two, the third-tier of the Chinese league system. The team played their home games at Genbao Football Base Arena training ground in Chongming, Shanghai, and eventually finished their first season in seventh place. During the campaign, Xu's players broke a few records during the season, with Cao Yunding being the youngest Chinese goalscorer aged 16 years and 242 days, and Wu Lei the youngest Chinese professional footballer, aged only 14 years and 287 days.
At the end of 2006, Claude Lowitz left the club, and former assistant manager Jiang Bingyao took up the manager position. With lessons learned and experiences gained from their debutante season, the young East Asia FC went on to win the division title in 2007, by beating Sichuan in the final, and thus gaining promotion to China League One, the second-tier of the football league.
Despite the successful promotion, questions arose as to what would happen to the team, especially given that Xu's previous efforts to create a professional club (Shanghai 02) ended up being sold off to Shanghai Shenhua in 2002 due to financial difficulties. In June 2007, Shanghai government came to Xu's rescue with financial aid, in exchange East Asia FC would represent Shanghai in the 2009 National Games of China.
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Shanghai Port F.C.
Shanghai Port Football Club (Chinese: 上海海港足球俱乐部; pinyin: Shànghǎi Hǎigǎng Zúqiú Jùlèbù) is a Chinese professional football club based in Shanghai, that competes in the Chinese Super League, the top tier of Chinese football. Shanghai Port plays its home matches at the Pudong Football Stadium, located within Pudong. Their owners are the Chinese group Shanghai International Port Group (SIPG).
The club was founded on 25 December 2005 as Shanghai East Asia (Chinese: 上海东亚; pinyin: Shànghǎi Dōngyà) by former Chinese international footballer Xu Genbao. The club used graduates from the Genbao Football Base, a football academy also founded by Xu, to form their first team as they made their debut in the third tier of China's football league pyramid in the 2006 league season. They made it to the top tier in the 2013 season and changed their name to Shanghai SIPG (Chinese: 上海上港; pinyin: Shànghǎi Shànggǎng) after SIPG's takeover in December 2014. They finished as league champions for the first time in the 2018 Chinese Super League season, and changed to their current name in 2021. Shanghai Port then won two more league titles in the 2023 and 2024 seasons.
According to a Forbes report from 2015, Shanghai Port was the third-most valuable football club in China, with a club value of $159 million and an estimated revenue of $37 million. According to the annual report of the parent company, the club had a revenue of CN¥565.7 million in 2015, as well as a net loss of CN¥41.5 million, total assets of CN¥286.8 million, and net assets of CN¥59.7 million.
On 16 May 2000, the former Chinese international football coach Xu Genbao founded the Genbao Football Base and enrolled 96 academy members born between 1988 and 1991, who were to be trained in the recently built Genbao Football Base Arena.
Xu Genbao initially had no intention of establishing a professional football club. However, as the youngsters in the Base grew up, the lack of youth football competition in China prompt Xu to set up a football club so that his protégés could earn match experiences in professional football. On 25 December 2005, Shanghai East Asia Football Club was jointly established by Xu Genbao and Shanghai East Asia Sports and Culture Center Co. Ltd, with Xu Genbao being the club chairman. Xu appointed Claude Lowitz, a French youth coach in the Base, as the team manager.
With young players aged between 14 and 17, Shanghai East Asia competed in the 2006 China League Two, the third-tier of the Chinese league system. The team played their home games at Genbao Football Base Arena training ground in Chongming, Shanghai, and eventually finished their first season in seventh place. During the campaign, Xu's players broke a few records during the season, with Cao Yunding being the youngest Chinese goalscorer aged 16 years and 242 days, and Wu Lei the youngest Chinese professional footballer, aged only 14 years and 287 days.
At the end of 2006, Claude Lowitz left the club, and former assistant manager Jiang Bingyao took up the manager position. With lessons learned and experiences gained from their debutante season, the young East Asia FC went on to win the division title in 2007, by beating Sichuan in the final, and thus gaining promotion to China League One, the second-tier of the football league.
Despite the successful promotion, questions arose as to what would happen to the team, especially given that Xu's previous efforts to create a professional club (Shanghai 02) ended up being sold off to Shanghai Shenhua in 2002 due to financial difficulties. In June 2007, Shanghai government came to Xu's rescue with financial aid, in exchange East Asia FC would represent Shanghai in the 2009 National Games of China.