The top priority is paying off all debts, so Hoang Anh Gia Lai Group continues to sell off assets, expecting to eliminate accumulated losses by June 2024 and be debt-free by 2026.
Giving opportunities to young players used to be a source of pride for Chairman Duc, but now HAGL has to do so because they have no other choice given that their squad is both insufficient and weak.
Sau khi công bố Công ty CP Chứng khoán LPBank cùng 2 nhà đầu tư mua 130 triệu cổ phiếu của HAGL, công ty của bầu Đức hủy danh sách trên với lý do "báo cáo sai sót".
The leaders of the Vietnam Football Federation (VFF) have confirmed their agreement to allow Hoang Anh Gia Lai Football Club to change its name immediately during the 2023/2024 season.
The Vietnam Football Federation has issued a document refusing to allow HAGL FC to change its name while the Night Wolf V.League 2023/2024 season is underway.
Changing the name to reflect the new sponsor helps HAGL overcome immediate difficulties, but will it help the team from the mountainous region "survive forever" as Chairman Duc hopes?
The fact that Hoang Anh Gia Lai FC changed its name after more than 20 years of establishing its brand reflects the reality of professional football in Vietnam.
Hoang Anh Gia Lai, owned by Mr. Doan Nguyen Duc, sold a famous hotel in the heart of Pleiku City, while in the third quarter, HAGL earned an additional 180 billion VND from asset liquidation.
Hoang Anh Gia Lai Hotel, part of the Hoang Anh Gia Lai Group, has been operating since 2005 and was the first 4-star hotel in the Central Highlands region.
On the afternoon of August 15th, HAGL Club Chairman Doan Nguyen Duc, along with several members of the team, took striker Paollo Oliveira's girlfriend to the airport for her return to Portugal.
In 2022, Mr. Doan Nguyen Duc received 2,57 billion VND in remuneration at Hoang Anh Gia Lai, while "key player" Tran Van Dai only received 108 million VND despite working for nearly 10 months.
Chairman Duc's statement that VPF provides no support to the clubs is a denial of the efforts of the league's governing body, a team that the owner of HAGL himself once served in.
A member of the VFF Executive Committee, 9th term, suggested that HAGL and VPF should engage in dialogue instead of confrontation regarding sponsor interests.
The fact that a major football club like Hoang Anh Gia Lai, which has a sustainable football system, is in a situation where it lacks the funds to participate in the V-League may seem illogical at first glance.