Mr. Cao Tien Doan (General Director of Dong A Group, Chairman of Dong A Thanh Hoa Club) has just been investigated for accounting violations, causing serious consequences, according to Article 221 of the 2015 Penal Code. The incident has caused the Thanh team to be in trouble, in the context of the potential risk of relegation at the end of the 2025-2026 season.
Thanh Hoa Club will be transferred to new management unit
In 2020, Mr. Doan took on the responsibility of managing Thanh Hoa Club by establishing Dong A Thanh Hoa Football Company Limited with a charter capital of 36 billion VND. Under "boss" Doan, the Thanh team achieved many successes in the domestic arena, setting a record of 2 consecutive years of winning the National Cup (2023 and 2023-2024), winning the National Super Cup 2023...
On the evening of August 28, the Investigation Police Agency of Thanh Hoa Province Police executed an emergency search warrant at the workplace of Mr. Cao Tien Doan, at the headquarters address 01A Nguyen Hieu, Le Loi Avenue, Hac Thanh Ward, Thanh Hoa Province.
Thanh Hoa football team had a bad start in V-League this season
The incident may affect the training and competition activities of Thanh Hoa Club in the 2025-2026 season. Therefore, the Department of Culture, Sports and Tourism (VH, TT&DL) of Thanh Hoa province has sent a report to the Chairman of the Provincial People's Committee on the transfer of management of Thanh Hoa Club.
The content of the submission reads: "...To ensure the maintenance of Thanh Hoa Football Club's operations to compete in the 2025-2026 season; The Department of Culture, Sports and Tourism respectfully submits to the Chairman of the People's Committee for consideration:
Assign the Department of Culture, Sports and Tourism to direct the Thanh Hoa Football Federation to immediately take over, manage and operate the Thanh Hoa Football Club. Preside over and coordinate with relevant units to maintain training and competition organization to ensure the regulations of the Organizing Committee of the 2025-2026 V-League season. At the same time, study and advise the Provincial People's Committee to invite qualified organizations, individuals, businessmen and enterprises to take over the team in accordance with the provisions of the Professional Football Regulations. Report to the Chairman of the Provincial People's Committee to consider the contents beyond its authority".
Thanh Hoa football is at risk of relegation or dissolution if it cannot find a new sponsor or strengthen its team.
If "boss" Doan no longer invests and the team has not yet found a new sponsor, Thanh Hoa Club's operating budget will continue to decline, leading to consequences such as players and coaches being owed salaries, bonuses or "kickbacks", losing their spirit of dedication..., causing the team to face the risk of relegation.
Source: https://nld.com.vn/ong-bau-bi-dieu-tra-clb-thanh-hoa-duoc-de-nghi-chuyen-giao-cho-ldbd-tinh-196250829165528544.htm
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