China Evergrande soccer stadium taken over by government -source

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Adds soccer school's liabilities

HONG KONG/BEIJING, Nov 26 (Reuters) - A government body has taken over China Evergrande Group's 3333.HK soccer stadium with a view to selling it, a person with direct knowledge of the matter told Reuters, as the debt-laden property developer scrambles to meet liabilities.

Evergrande, which has been struggling to meet repayments on over $300 billion in debt, is also considering selling money-losing Guangzhou Football Club, the person said.

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Construction on the 12 billion yuan ($1.86 billion) Guangzhou Evergrande Football Stadium began in April last year for completion by the end of 2022, when it was set to be the world's largest soccer venue by capacity.

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However, Evergrande has halted construction due to lack of capital and ceded control to authorities which plan to sell the stadium, or - in the absence of buyers - acquire it via state-owned Guangzhou City Construction Investment Group, the person said, declining to be identified as the matter is not public.

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Another person familiar with the matter said construction had stopped for at least three months.

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