Guangzhou FC attributes league exclusion to heavy debts

BEIJING, Jan. 7 (Xinhua) -- China's second-tier club Guangzhou FC has attributed its failure to gain official admission to next season's professional leagues to heavy debts.

Previously known as Guangzhou Evergrande, the eight-time Chinese Super League champion was excluded from the list of eligible clubs released by the Chinese Football Association (CFA) on Monday, along with Cangzhou Mighty Lions and Hunan Xian