In the run up to the 2016–17 season, Metro Gallery were forced to voluntarily relegate to the First Division due to financial difficulties.[1] Hong Kong Sapling were reformed in order to fill the void left by Metro Gallery and were able to secure funding from two sponsors, Biu Chun and GlorySky Group, competing under the name Biu Chun Glory Sky until the end of the season.[2]
In the summer of 2017, the club was taken over by former Birmingham City board member Ryan Yeung and the club were renamed as Dreams FC.
During the latter part of the 2018–19 season, Dreams ran into financial arrears and it appeared that their future in the HKPL was uncertain.[3] Despite this, CEO Leung Chi Kui issued a statement claiming that the club had retained two thirds of their players and would continue to participate in the 2019–20 season.[4] However, on 11 July 2019, Dreams decided to self-relegate due to lack of funds, citing an inability to fulfill a requirement by the HKFA for each HKPL club to submit a seven figure deposit ahead of the season.[5] However, HKFA disputed the claim entirely the next day via press release.[6]
In the 2019–20 season, the club were renamed as King Fung.
On 16 November 2020, the club confirmed that they would withdraw from local competitions for two seasons following a FIFA imposed transfer ban on the club. The ban came as a result of a successful arbitration case by former player Joaquín who had sued the club for salary arrears during the 2018–19 season. In addition, FIFA demanded that the club pay $800,000 HKD in compensation to Joaquín.[7]
Name history
2011–2012: Hong Kong Sapling (港菁)
2016–2017: Biu Chun Glory Sky (標準灝天)
2017–2019: Dreams FC (夢想FC)
2019–present: King Fung (景峰)
References
^"Special treatment: Guangzhou R&F will get players' concessions if they compete in Hong Kong Premier League". South China Morning Post. July 5, 2016.
^Sapling and Rangers share points in hard fight – offside.hk
^"夢想奮戰不敵傑志四強出局 梁志榮：如果真的散班也沒辦法". Sportsroad.hk. 10 May 2019. Retrieved 10 May 2019. (in Chinese)
^Gao, Si Kei (19 May 2019). "夢想FC完成今季最終戰 大部份主力下季留隊". HK01. Retrieved 19 May 2019. (in Chinese)
^"Fans, Press and Friends". Facebook. 夢想足球隊 Dreams FC. Retrieved 11 July 2019.
^"【港超聯】夢想FC自降港甲 足總兩任主席澄清無要求7位數按金". 香港01. July 11, 2019.
^"前夢想外援向國際足協申訴欠薪判勝訴 相關會籍球隊開季前退出港甲". Ming Pao. Retrieved 16 November 2020. (in Chinese)
This article about a Hong Kongfootball club is a stub. You can help Wikipedia by expanding it.
hong, kong, sapling, football, club, chinese, 香港港菁足球會, hong, kong, football, club, which, does, currently, compete, hong, kong, football, league, system, king, fungfull, namebranded, name, king, fung, football, club, 景峰足球會, legal, registration, name, football,. Hong Kong Sapling Football Club Chinese 香港港菁足球會 is a Hong Kong football club which does not currently compete in the Hong Kong football league system King FungFull nameBranded Name King Fung Football Club 景峰足球會 Legal Registration Name Hong Kong Sapling Football Club Limited 香港港菁足球會有限公司 Founded2011 12 years ago 2011 as Hong Kong Sapling 2019 4 years ago 2019 as King Fung OwnerLai Chin WaiCEOLeung Chi KuiWebsiteClub websiteHome coloursAway coloursHistory EditOn 11 August 2011 Mutual withdrew from the Hong Kong First Division League due to financial problems The Hong Kong Football Association then decided to form a team for training youngsters for the 2013 East Asian Games as well as to replace Mutual The club was named as Hong Kong Sapling but was dissolved in 2012 In the run up to the 2016 17 season Metro Gallery were forced to voluntarily relegate to the First Division due to financial difficulties 1 Hong Kong Sapling were reformed in order to fill the void left by Metro Gallery and were able to secure funding from two sponsors Biu Chun and GlorySky Group competing under the name Biu Chun Glory Sky until the end of the season 2 In the summer of 2017 the club was taken over by former Birmingham City board member Ryan Yeung and the club were renamed as Dreams FC During the latter part of the 2018 19 season Dreams ran into financial arrears and it appeared that their future in the HKPL was uncertain 3 Despite this CEO Leung Chi Kui issued a statement claiming that the club had retained two thirds of their players and would continue to participate in the 2019 20 season 4 However on 11 July 2019 Dreams decided to self relegate due to lack of funds citing an inability to fulfill a requirement by the HKFA for each HKPL club to submit a seven figure deposit ahead of the season 5 However HKFA disputed the claim entirely the next day via press release 6 In the 2019 20 season the club were renamed as King Fung On 16 November 2020 the club confirmed that they would withdraw from local competitions for two seasons following a FIFA imposed transfer ban on the club The ban came as a result of a successful arbitration case by former player Joaquin who had sued the club for salary arrears during the 2018 19 season In addition FIFA demanded that the club pay 800 000 HKD in compensation to Joaquin 7 Name history Edit2011 2012 Hong Kong Sapling 港菁 2016 2017 Biu Chun Glory Sky 標準灝天 2017 2019 Dreams FC 夢想FC 2019 present King Fung 景峰 References Edit Special treatment Guangzhou R amp F will get players concessions if they compete in Hong Kong Premier League South China Morning Post July 5 2016 Sapling and Rangers share points in hard fight offside hk 夢想奮戰不敵傑志四強出局 梁志榮 如果真的散班也沒辦法 Sportsroad hk 10 May 2019 Retrieved 10 May 2019 in Chinese Gao Si Kei 19 May 2019 夢想FC完成今季最終戰 大部份主力下季留隊 HK01 Retrieved 19 May 2019 in Chinese Fans Press and Friends Facebook 夢想足球隊 Dreams FC Retrieved 11 July 2019 港超聯 夢想FC自降港甲 足總兩任主席澄清無要求7位數按金 香港01 July 11 2019 前夢想外援向國際足協申訴欠薪判勝訴 相關會籍球隊開季前退出港甲 Ming Pao Retrieved 16 November 2020 in Chinese This article about a Hong Kong football club is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Hong Kong Sapling amp oldid 1150434233, wikipedia, wiki, book, books, library,
