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Goal2002 > 2009 > Articles

2009.10.04
Tokyo Verdy's Fiscal Pinch



Nippon Television sold Tokyo Verdy to the newly established company Tokyo Verdy Holdings on 30 September. This means that one of the Japanese biggest media group Yomiuri leaves from J.League completely.

Tokyo Verdy has been known as the first succesful club team. Yomiuri Soccer Club, established in 1969, was the pre-J.League name of the club. There was a famous discussion that the J.League would allow put a company name on club name between the league chairman Saburo Kawabuchi and Yomouri president Tsuneo Watanabe. The discussion has a basis on a question, a soccer club belongs to a company, or a community? Yomiuri has rufused the community-based approach and disregarded the local supporters. From 1999, Yomiuri Newspaper leaves and its subsidiary Nippon Televison becomes Verdy's owner. This year, due to the downturn of Nippoin TV, they abandoned the club.

Tokyo Verdy has been the symbol of the successfull J.League. Kaz Miura and Ruy Ramos are the faces of the league. But the club has lost the huge fans and financial backups. They are now in the middle of the second division. Now they are losing the club basis. Verdy has had one of the best youth organization and the best training field called Yomiuri Land. Nobody has thought Verdy would face the fiscal pinch and nobody know the club's next year now.




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