Dalian Shide Group and Dalian Wanda Group were the main investors of Dalian soccer team in two different periods.
In November 1983, the Dalian soccer team was established, the 1994 season - 1999 season was the Wanda period, and the 2000-2002 season was the Shide period.
On March 8, 1994, the Wanda Group took over the ownership of the team, which was reorganized as Dalian Wanda Football Club, and that year won the first National Football League AA title after professionalization.
In 1999, Wanda Group transferred 30% of the shares of the club to Dalian Shide Group, and the team was named Dalian Wanda Shide Football Team that year.
On January 9, 2000, Dalian Shide Group bought all the shares at a price of 120 million yuan, and the club and the team changed their names to "Dalian Shide".
Expanded Information
On November 30, 2012, Dalian Albion announced that it would acquire Dalian Shide Football Club at a cost of close to 400 million yuan, after the Dalian Football Association reported to the Municipal Sports Bureau.
On January 31, 2013, the Chinese Football Association (CFA) released an announcement stating, "The Chinese Football Association (CFA) has recently received a report from Dalian Shide Football Club on the abandonment of its qualification to participate in the 2013 Chinese Super League.
In the report, Dalian Shide explained the club's current special circumstances and difficulties, and decided to give up the qualification for the 2013 Chinese Super League with the consent of Liaoning Provincial Sports Bureau and Dalian Football Association. In view of the special situation of Dalian Shide, the CFA agreed that Dalian Shide would give up the qualification for the 2013 Chinese Super League after study. Dalian Shide players will be in accordance with the "Chinese Football Association Interim Provisions on Player Status and Transfer" and other relevant provisions for transfer.
Baidu Encyclopedia - Dalian Shide Football Club