Billionaire Guo Guangchang Offers $11.6M Incentive for China’s U23 Win Over Vietnam
China’s U23 football team stands to gain an impressive bonus of 81 million yuan, equivalent to approximately $11.6 million, if they defeat Vietnam in the semi-finals of the 2026 U23 Asian Cup. This significant incentive has been pledged by billionaire Guo Guangchang.
Billionaire Guo Guangchang’s Contribution
Guo Guangchang, the chairman and co-founder of Fosun International, is behind this remarkable financial backing. At 58 years old, Guo is recognized as one of China’s wealthiest individuals, with a reported net worth of $2.3 billion as of 2026.
A Hands-On Football Enthusiast
Guo is not new to the football arena. His conglomerate made headlines in 2016 after it acquired the English football club Wolverhampton Wanderers. Under his leadership, the club successfully moved from the Championship to the Premier League in 2018, where they have maintained their status ever since.
Details of the Incentive
- The $11.6 million incentive is meant to motivate the U23 team for a victory over Vietnam.
- This proposal aims to boost the team’s morale ahead of the crucial match.
- No official statement has been released by Fosun regarding the pledge.
Unprecedented Offer in Youth Football
If realized, the proposed bonus would be a record in youth football, rivaling rewards typically allocated by national federations for major senior tournaments, such as the Euros or the World Cup.
Upcoming Match Details
The semi-final match between China and Vietnam is scheduled for 10:30 p.m. on Tuesday, according to Hanoi time. Fans can follow the game live through VnExpress International.
