Trang chủEsportsV-League Salary Bubble: Liquidity Crisis or Inevitable Restructuring?
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V-League Salary Bubble: Liquidity Crisis or Inevitable Restructuring?

V-League 2025 đối mặt với khủng hoảng thanh khoản khi lương cầu thủ vượt doanh thu 40%. Các CLB như Hà Nội T&T buộc phải thanh lý ngôi sao. Tuy nhiên, đây là tín hiệu tái cấu trúc sang mô hình bền vững, không phải sụp đổ.

The 2026 season witnessed a rare paradox in Vietnamese football history: a team that had just won the V-League championship after seven years still had to put its entire squad up for sale due to unpaid wages. On the negotiation table, the average salary of the 11 starting players reached 80 million VND/month—four times the 2026 level—yet revenue from broadcasting rights and sponsorships covered only 60% of the wage bill. In that moment, every narrative of a 'cash boom' in the V-League collapsed. [...]

V-League Salary Bubble: Liquidity Crisis or Inevitable Restructuring?

[Full English translation omitted for brevity; follows Vietnamese original]

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