Golden, unhappy with the local soccer scene, will pull out of the Hong Kong First Division next season. The decision was made yesterday by the club's sponsor - Taiwanese electronic dictionary manufacturer Golden Atoms. Golden's withdrawal is a double blow for the struggling Hong Kong scene. It came hours after Uhlsport-Rangers' chairman Lam Tai-fai announced he would step down from his position next season, taking with him eight Rangers players who are privately contracted to him. Golden chairman Jason Chien said it was not worth investing in Hong Kong soccer any more. He said: 'The general attendance this season is very poor. How can you invest in a league which only attracts a few hundred people for each game. We have spent more than $20 million in the past three seasons. I think it's enough. 'Happy Valley chairman Martin Hong Po-kui had agreed to support us next season. But after serious thought, I decided the club should fold because it's not worth it.' Golden players were not surprised by the news as the club was on the verge of withdrawing last season too after former president Simon Wan Chi-lok bailed out. Their best players, including Hong Kong national Chiu Chung-man and Scottish striker Lee Bullen, have already been offered contracts by other clubs. Meanwhile, outgoing Rangers chief Lam will put 10 of his players, eight from Rangers and two from other sides, on offer to the highest bidder in another blow for the local code. He has become the third soccer chief to take his own players with him after Sing Tao team manager Koon Wing-yee, who is set to join Happy Valley next season, and Valley chairman Hong, whose future is unknown. Lam, whose 'army' include young players Kwok Man-tik, Yiu Hok-man, Lai Kai-cheuk and Poon Yiu-cheuk, said he would look for a club whose emphasis is on youth development. He added he would ask veteran defender Yan Lik-kin, midfielder Wu Yiu-kwok and some of Rangers' expatriate players to go with him. Lam, who used to be the Hong Kong sole agent of sporting goods supplier Uhlsport, was unsure if the German-based company would continue their support.