{"id":80932,"date":"2014-08-26T10:00:08","date_gmt":"2014-08-26T01:00:08","guid":{"rendered":"http:\/\/fukuoka-now.com\/?post_type=news&#038;p=53608"},"modified":"2016-04-01T02:49:42","modified_gmt":"2016-03-31T17:49:42","slug":"fukuokas-soccer-team-avispa-receives-critical-funding","status":"publish","type":"news","link":"https:\/\/www.fukuoka-now.com\/en\/news\/fukuokas-soccer-team-avispa-receives-critical-funding\/","title":{"rendered":"Fukuoka&#8217;s Soccer Team Avispa Receives Critical Funding"},"content":{"rendered":"<p>Sources have revealed that Tokyo-based systems developer SystemSoft has agreed to give \u00a5100 million in funding to the struggling J2 soccer club Avispa Fukuoka. The cash infusion is expected to be approved at Avispa\u2019s board meeting before being finalized at the September shareholders meeting, thus making SystemSoft the team\u2019s biggest shareholder. SystemSoft, which was founded in Fukuoka in 1979 and maintains an office here, made the offer in response to the team\u2019s request for funding, and joins 87 other sponsors including Fukuoka City and the current top shareholder, Coca Cola West. The new funds will save the team from losing its license. League rules stipulate that J1 and J2 teams lose their licenses if their net worth remains negative for three consecutive fiscal years.Source: Nishinippon Shimbun 8\/23 <\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/fukuoka-now.com\/wp-content\/uploads\/2014\/08\/AVIPSA.png?resize=636%2C576\" alt=\"AVIPSA\" width=\"636\" height=\"576\" class=\"alignnone size-full wp-image-53609\" srcset=\"https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2014\/08\/AVIPSA.png?w=636&amp;ssl=1 636w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2014\/08\/AVIPSA.png?resize=300%2C271&amp;ssl=1 300w\" sizes=\"auto, (max-width: 636px) 100vw, 636px\" \/><br \/>\n\u00a9avispa fukuoka<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sources have revealed that Tokyo-based systems developer SystemSoft has agreed to give \u00a5100 million in funding to the struggling J2 soccer club Avispa Fukuoka. The cash infusion is expected to be approved at Avispa\u2019s board meeting before being finalized at the September shareholders meeting, thus making SystemSoft the team\u2019s biggest shareholder. SystemSoft, which was founded in Fukuoka in 1979 and maintains an office here, made the offer in response to the team\u2019s request for funding, and joins 87 other sponsors including Fukuoka City and the current top shareholder, Coca Cola West. The new funds will save the team from losing its license. League rules stipulate that J1 and J2 teams lose their licenses if their net worth remains negative for three consecutive fiscal years.Source: Nishinippon Shimbun 8\/23<\/p>\n","protected":false},"author":6391,"featured_media":53609,"comment_status":"open","ping_status":"open","template":"","tags":[],"class_list":["post-80932","news","type-news","status-publish","has-post-thumbnail","hentry","news-category-sports","en-US"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news\/80932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/users\/6391"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/comments?post=80932"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/media\/53609"}],"wp:attachment":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/media?parent=80932"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/tags?post=80932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}