The news said that LeTV Sports President and COO will deny the resignation by the parties in their circles of friends

On the 21st, there were rumors that LeSports President Zhang Zhiyong and COO Yu Hang would leave in the near future. Currently, Zhang Zhiyong has submitted his resignation to management and is expected to leave in March after completing the work handover. Yu Hang also applied for resignation during the same period. LeSports said it had no knowledge of the matter.

Original title: It is rumored that LeTV Sports President and COO stepped down in 2016. Many senior executives left on the 21st after a few months after joining the company

. There are rumors that LeTV Sports President Zhang Zhiyong and COO Yu Hang will leave in the near future. Currently, Zhang Zhiyong has submitted his resignation to the management. He is expected to leave in March after completing the work handover, and Yu Hang also applied for resignation during the same period. LeSports said it had no knowledge of the matter. Yu Hang posted a post on the circle of friends at noon, saying,"After meeting a friend for lunch at noon, I have to go back to LeSports 'office in Dentsu Creative Park to work in the afternoon."

On September 5, 2016, former Li Ning CEO Zhang Zhiyong joined LeSports as president. Zhang Zhiyong will report to LeSports CEO Lei Zhenjian. Zhang Zhiyong is a well-known figure in the sports brand world in China. Zhang Zhiyong joined Li Ning Company as a cashier in 1992. He is the founder of Li Ning Company and the most effective officer of founder Li Ning. Since 2004, Zhang Zhiyong has served as CEO and executive director of Li Ning Company, responsible for the overall strategy of the group and matching the development of human resources, information resources, and financial resources with the group's brand.

Yu Hangze joined LeSports on November 26, 2014 as vice president responsible for overseas and copyright business. During a personnel adjustment in May 2016, Yu Hang, former vice president of strategic resources, was promoted to LeSports COO, focusing on payment and global businesses, reporting to LeSports founder and CEO Lei Zhenjian.

Since 2016, LeEco has lost many executives, and most of them have joined for only a few months. On December 28, LeSports officially confirmed that LeSports editor-in-chief Ao Ming had recently proposed to leave due to personal career planning reasons. This was only seven months after Ao Ming joined LeSports. In May of that year, Ao Ming joined LeSports. He served as editor-in-chief and reported to LeSports chief content officer Liu Jianhong. Earlier, Qiu Zhiwei, former vice president responsible for LeTV's sports event operations, announced his resignation to join Oriental Garden; during the same period, senior executives who also left quickly in less than a year were Cheng Yizhong, CEO of LeTV Hong Kong.

Sources said that the departure of Zhang Zhiyong and Yu Hang may be directly related to LeEco's tight capital chain.

Recently, there have been rumors that LeTV Sports 'exclusive new media rights for the two seasons of the Chinese Super League that it won for RMB 2.7 billion may change, and LeTV Sports has waived its exclusive rights to broadcast. LeSports did not make it clear whether it would continue to broadcast alone or become a non-exclusive broadcast. According to The Paper News, once LeEco's identity changes from "exclusive" to "non-exclusive", copyright spending will drop sharply from 1.35 billion yuan a year to 300 million yuan.

However, among the four intended transferees of the controlling stake in the Chinese sports industry, Tianjin Leyi Anhong Sports Culture Development Co., Ltd., a subsidiary of LeSports, has emerged. Obtaining a controlling stake in the Chinese sports industry may require billions of dollars.

Editor: Nancy