“8X Boss” decided to spend nearly 7 billion repaying salaries for Sai Gon Xuan Thanh Cement players. Coach Lu Dinh Tuan and his palyers are so happy when being informed that they will get back money today. 

Players of Saigon Xuan Thanh have lived miserably. They have not reveived their alary in five consecutive months. Many players had to borrow money from friends, mortgage their cars for livings. However, no one dares to complain because they could be fired.

Fortunately, that situation of  Sai Gon Xuan Thanh’s players ended. Manager Xuan Thuy – younger brother of manager Thuy – decided to spend nearly 7 millions VND repaying for players yesterday. Money will come to their banking account within one day.

Saigon Xuan Thanh Cement club curently trains at Vung Tau. Being informed the repayment, they are so happy.

According to Infonet / Today Sports

Not as rumors, in the 24/12 afternoon introducing ceremony, also the one to change the name Saigon XuanThanh to Xi Mang Sai Gon Xuan Thanh, the new president Mr. Nguyen Xuan Thuy insisted: “The team’s budget in 2013 season will be about 50 billion VND”.  

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Mr.Nguyen Xuan Thuy (standing)- new president of Xi Mang Xuan Thanh Saigon football club.

When being asked that how big the Xi Mang Xuan Thanh Saigon budget is in the new season to spend for the three leagues: AFC Cup, V-league and National Cup, former president Nguyen Duc Thuy stood up and said that the budget will be not lower than 50 billion.

To ensure that, the new president Nguyen Xuan Thuy stated it again: “50 billion is the money that Xuan Thanh Cement Company will spend for 2013 season, instead of 25 billion as people said”.

Also in the ceremony, Mr.Nguyen Xuan Thuy promised to turn Xi Mang Xuan Thanh Saigon into one of the best teams in Vietnam and help the club to build up a youth training system methodically.

About the issues involved in Navibank Saigon former players, Mr.Thuy insisted that he will resolve it completely in at least three to four more weeks.

Thien Phong

“Seeking for Vietnamese academic futsal talents” program this year which was organized by HCMC Football Federation (HFF) in cooperation with HCMC Department of Education and Training has partly shown a new  breakthrough in school football movement. The success of the program was revealed instantly in the first days of the selection. The highlighting point of the program is the ardent passion and participation of several students and pupils  as well as the enthusiastic support of teachers and lecturers. 

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Mr.Tran Anh Tu – President of HFF – insisted: “Today almost every university and college has their own multi-purpose gymnasium, thus, it is suitable to develop futsal. On the other hand, artificial grass fields with five-player football has developed recently, this is a good foundation for the development of school football. The first goal of this program is to popularize futsal to schools so that students and pupils can be aware of interesting things of football and love this sport. Actually, at this time we do not attach much importance to finding talents to supplement for futsal clubs. What we hope is that school football will grow up strongly, and as a result, HCMC football will be more developed.

He continued: “The major reason why HCMC football has gone down is the weakness in youth training. We did not pay attention to soccer teachers. And weak teachers cannot result in good learners. In addition, seeking talented players seem to be so difficult as parents do not want their children to participate in top sports, especially football. Therefore, the important mission in the coming time is to rehabilitate youth football. Specifically, beside organizing vocational competitions, HFF also has to bring football into schools. As school football is developed, there are many sources for coaches to select players”.

Thien Phong

On December 5, Navibank Saigon FC declared its dissolution because the FC did not find any sponsor. Meanwhile, Saigon Xuan Thanh FC is unlikely to attend the 2013 football season.

After Navibank stated to return the Navibank Saigon FC back to the HCM City Football Federation, the Ninh Binh-based Xuan Thuy Investment and Development Corporation bought the team at the price of VND21 billion ($1 million).

However, Xuan Thuy just purchased the team for commercial purposes rather than investing in the team. After Hai Phong refused to buy it, Xuan Thuy planed to give the club to Ha Tinh Province but Ha Tinh leaders also refused to take it.

In the last two months, Saigon Xuan Thanh FC’s CEO Tran Tien Dai, a reputed football broker, tried to look for a partner to transfer Navibank Saigon. The team’s price was slashed from VND10 billion ($500,000) to VND5 billion ($250,000) but no company wanted to buy it. The HCM City Football Federation did not want to keep this club.

Not being sold, on December 5, Dai announced to dissolve Navibank Saigon.

According to Dai, five players of Navibank Saigon have been employed by Saigon Xuan Thanh FC, including Quang Hai, Tai Em, Long Giang, Viet Cuong and goalkeeper Quoc Cuong. The transfer price is only from VND200 to VND300 million ($10,000-15,000) per player.

The remaining players will be facilitated to end their contracts with Navibank Saigon to find a new job with other clubs.

Earlier, Hanoi FC and Young Hanoi FC, owned by the arrested banker Nguyen Duc Kien, were dissolved.

CEO Tran Tien Dai also said that Saigon Xuan Thanh FC’s attendance at the 2013 football season is still open because of financial problems.

“We are in economic difficulties. Thuy (the FC’s owner) said to cut down funding for the team by 45% compared to the previous season. The club still owes some players four months’ salary. We have asked for help from the Ho Chi Minh City authorities, but we have not received a response. Therefore, the FC may not compete in the next football season,” Dai said.

Meanwhile, Ninh Binh FC may be also dissolved. A few weeks ago, some players went on a strike and the club’s owner was intended to disband the team. Also on December 5, Truong told correspondents that he was depressed with football. He is more likely to disband Ninh Binh FC.

The situation at the the First Division and V-League clubs is now very complex. It is rumored that Khanh Hoa FC will be sold to Hai Phong. Ba Ria – Vung Tau FC which has just got a card to the First Division Tournament 2013 has just been disbanded due to lack of funds.

Previously, because of the economic difficulties of footall teams, the organizers of V-League and First Division Tournament delayed the registration dealine of the 2013 season from November 3 to December 8. However, the situation has not been improved.

The chief organizer Tran Duy Ly said until December 8, the organizing board can determine the participating teams and then make specific plans for the new season.

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