Live broadcast on August 12th according to Shanxi Media Shanxi Sports Report, Shanxi men’s basketball transfer has made breakthrough progress, this team will return to Fenjiu Liquor Group.
Shanxi quansports wrote on the official blog: “A few days ago, the long-delayed equity transfer in Shanxi men’s basketball has made significant progress-Fenjiu Liquor Group received it at 0 yuan and took up 0.4 billion yuan of debt at the same time. Shanxi returned to the men’s basketball group Fenjiu liquor. Although the new management no longer worried about the capital problem, it faced problems such as severe aging of the team, serious lack of newcomers, and lack of success. Shanxi men’s basketball still has a long way to go.”
In the 22-23 season, Shanxi won 21 wins and 21 losses in men’s basketball, ranking 10th in the league.