Jun 27, 2012 07:25 PM

Closer Look: Behind Evergrande's Football Ambition

(Beijing) – Fans of Guangzhou Evergrande Football Club will no doubt enjoy watching Argentine midfielder Dario Conca on the field, but questions have been raised about the style of play of the property developer that owns the team.

Evergrande Real Estate Group Ltd., the country's leading property developer and the club's owner, is facing questions over the huge sums it has spent on the game. In early May, Evergrande paid 12 million euros, or more than 94 million yuan, to import the 29-year-old midfielder.

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