Where do the financial resources of the teams come from?
As V.League enters its 26th year, professional clubs in Vietnam are maintaining operations based on the flow of some sources of money. The investment level has intertwined differences, depending on attraction and position through many aspects of impact.
First, a club's resources come from the potential of the boss. Current investors for Vietnamese professional football at this time include Mr. Do Quang Hien (wards Hien), Mr. Doan Nguyen Duc (wards Duc), Nguyen Van Thien (wards Thien), Nguyen Duc Thuy...
In addition to famous sponsors, some other clubs have received support from large corporations and enterprises as main sponsors. With a salary source for the team of up to hundreds of billions of VND per season, these business units are no different from "brokers" in the V.League or the First Division.
Another source of funding for the team comes from the local budget. This figure mostly ranges from 20-50 billion VND/season, with the aim of helping the team have more money to serve youth training, invest in facilities...
Third is the money earned through transfers, television rights, commercial exploitation... It should be added that up to now, not all teams in Vietnam have achieved high profits from the above category.
VPF has made great efforts to create value from selling professional tournament TV rights to the station. However, this organization only brings in 60 billion VND/year for nearly 20 clubs. This means that the average amount that each team receives is about 2-3 billion/season.
Regarding transfers, only a few teams have earned about 10-20 billion VND from selling players. Most clubs still have the habit of working with players whose contracts are about to or have expired, paying leniency and salaries instead of accepting transfer fees.
According to some experts, the knot of this story is tax. Because paying only the hand fee (support fee) can help many clubs pay a lower tax rate than the player buy-sell transaction when working with partners.
Finally, there is the story of commercial exploitation such as selling jerseys, football tickets, items... It cannot be denied that more and more clubs are aware of the above commercial exploitation, but on the contrary, most fans have not promoted and accompanied their beloved team.
Some fan groups are willing to buy and sell fake shirts just to save costs or wait for some courts to open for free from the second half to watch. Invisibly, the club's activities to make money through surplus values in the V.League could not be implemented effectively as expected.
Worries
Based on the above revenue structure, it is not difficult to recognize the amount of money invested from the owners who account for the highest proportion in the operations of a club. Therefore, the existence of a series of teams also depends mainly on the willingness of the chairmen to "open the deal".
The story from Quang Ninh Coal a few years ago is a typical example. Mr. Hung (Pham Thanh Hung) once spent hundreds of billions of VND to turn the mining team into an icon in the 2015-2020 period in the V.League. However, when Mr. Hung encountered financial difficulties, Quang Ninh Coal immediately struggled. A series of players stopped training due to unpaid wages and bonuses before this team was forced to disband due to running out of operating funds.
Furthermore, Vietnamese fans have also witnessed many scenes where the boss "takes a breath", the team immediately disappears. The two Hanoi teams disappeared when Mr. Kien (Nguyen Duc Kien) fell into a difficult time. Hoa Phat Hanoi is also a memory when Mr. Long (Tran Dinh Long) left the football game.
Vissai Ninh Binh once reached the threshold of "V.League tycoon", spending tens of billions of VND to buy players. But just a decision to stop sponsoring from Mr. Truong (Mr. Hoang Manh Truong), the ancient capital football team also lost the professional team.
Recently, Quang Nam and Hoa Binh clubs have also disappeared from the map of Vietnamese professional football due to financial problems. Both could not find a potential business to accompany and "encourage" operating expenses even for just one season.
Saying so shows that Vietnamese football cannot support itself on its own. Fees from transfers, commercial exploitation, and television rights are still being taken lightly in V.League. That is why clubs, whether strong or weak, still rely on their owners...
