SHANGHAI (AFP) - Chinese football on Thursday (Dec 20) imposed a salary cap of 10 million yuan (S$1.98 million) a year for domestic players and vowed to kick teams out for so-called "yin-yang contracts".
The swingeing measures are part of a ramped-up effort by the Chinese Football Association (CFA) to clamp down on big spending and get teams to toe a tougher financial line.
There will also be a limit on bonuses and other financial inducements for domestic players, according to state sports channel CCTV5 and other reports on an end-of-season CFA conference in Shanghai.
Foreign players are not affected by the salary cap, which will be in place for the new Chinese Super League (CSL) season when it starts in the spring.
However, each club's annual expenditure cannot exceed 1.2 billion yuan in 2019, which will decline to 900 million in 2021.
Two years ago, Brazilian attacking midfielder Oscar joined CSL side Shanghai SIPG from Chelsea for an Asian-record 60 million euros (S$94 million) and Argentine forward Carlos Tevez signed for rivals Shanghai Shenhua, both earning some of the highest wages in world football.
Their high-profile arrivals, along with dozens of other foreign stars such as Brazilians Hulk and Paulinho, triggered fears that Chinese clubs were distorting the international transfer market with overinflated wages and fees.
But the CFA has since moved to stop the splurge and force teams to focus on youth development instead, and there is unlikely to be serious money spent when the winter transfer window opens on Jan 1.
The CFA last year slapped a 100 per cent transfer tax on the purchase of overseas players, which significantly reined in Chinese clubs, and the organisation limited the number of foreigners each team can field to three a match.
Among a raft of other new measures, teams must submit contracts for their players and coaches by the end of the year as part of a crackdown on "yin-yang contracts".
Such contracts - one for the tax man and another with the real value of the agreement - are thought to be widespread in football and show business in China.
If the CFA uncovers any tax-avoidance schemes, the offending player or coach face a ban of between one and three years. Their clubs can be deducted points or even kicked out the league.
"The association will draw on the experience of advanced overseas leagues to design comprehensive measures to control high wages, high bonuses, high transfer fees and other issues," Li Yuyi, CFA vice chairman, said earlier this week, according to Xinhua news agency.
Li added: "If there's only investment but no clear idea of what the long-term returns are, Chinese football is not sustainable.
"Companies (that own teams) need to understand why invest, what are the rewards and what it contributes to society."
Manchester United will look to entertain at Wembley as they face their toughest test since Ole Gunnar Solskjaer's appointment against Spurs. United will attack Spurs, vows Lingard | FourFourTwo
Champions League: Solskjaer promises to attack PSG - Sportstar
Mohamed Salah scored a brilliant solo goal as Liverpool came from behind to beat Southampton at St Mary's and return to the top of the Premier League. Liverpool were in danger of dropping vital
Liverpool beat Southampton 3-1 to return to top of Premier
The latest Tweets from Destiny Beckons (@DestinyBeck0ns): "The IGN First Game for July is Destiny:
Either way keep up the excellent quality writing, it rare to see a great blog like this one today authentic nfl jerseys wholesale Reagovat · 22.02.19. Návštěvník: Somebody essentially assist to make seriously articles I would state. postcheap nfl jerseysThat is the first time I frequented your web page and to this point? I surprised with
London (AFP) - Aston Villa's Jack Grealish was punched by a pitch-invading Birmingham fan in a shocking incident during Sunday's Championship clash, but the midfielder had the last laugh as he scored the decisive goal in a 1-0 win over their bitter rivals.
Villa's Grealish has last laugh after Birmingham fan attack
Arsenal favourites with best run-in - Latest News
A 26-year-old man has been arrested after a gun attack on police in a west Belfast street packed with schoolchildren.
College Football | FOX Sports
Football: We do it our way, says Klopp after another late Liverpool win SOUTHAMPTON, United States (AFP) - Liverpool manager Jurgen Klopp admitted his side cannot meet the heights of Manchester City's football, but they may still deny Pep Guardiola's men the title after moving top of the Premier League by beating Southampton 3-1 on Friday
We do it our way, says Klopp after another late Liverpool win
The Italian club are looking for a forward after new signing Alvaro Morata was injured in his first training session with the club. Balotelli? Football. old Lotterer is a three-time winner
Mario Balotelli refuses to talk about Liverpool career
Jun 08, 2019 · Giulia Gwinn gets Germany off to winning start in Women's World Cup She added: "The goal gave her a lot of confidence, and she showed what she's capable of doing. It's definitely very
Giulia Gwinn gets Germany on the board vs. China - One News Page
Real, the only top-three side in La Liga to win this weekend, moved on to 42 points, two behind second-placed Atletico Madrid, who lost 1-0 at Real Betis, and eight adrift of Barca who drew 2-2 at
Confident Real stroll to fourth straight win | Euronews
watch premier league live streaming xfinity
watch premier league live streaming vk
watch premier league darts live stream
watch live soccer game today
watch live soccer streaming on iphone
watch soccer live streaming qatar
watch champions league live streaming pakistan
free live football streams watch live streaming tv premier league
watch coppa america live streaming in india
watch champions league live streaming now
watch soccer games live stream free app
watch premier league games live stream
how to watch soccer live streaming free
watch coppa america live streaming video
watch coppa america live streaming mexico
watch coppa america live streaming australia
watch coppa america live streaming zee5
watch champions league live streaming canada
watch hd soccer live streaming free
watch afghanistan premier league live stream
watch soccer online free streaming live no registration
watch us soccer live stream
watch soccer online free streaming live world cup
watch coppa america live streaming barcelona
watch usa soccer live stream
free watch soccer live streaming
watch soccer online free streaming live without registration
watch premier league live streaming quality
watch coppa america live streaming hd
how to watch champions league live streaming
watch coppa america live streaming kenya
watch coppa america live streaming app
where to watch free live soccer streaming online
how to watch uefa champions league live streaming
how to watch premier league live streaming
watch uefa champions league live streaming sportek
watch the premier league live stream
watch champions league live streaming xbox
watch coppa america live streaming now
watch soccer saturday live stream
watch premier league live streaming jamaica
watch the champions league live stream
watch uefa champions league draw live streaming youtube
watch barclays premier league live streaming online free
watch coppa america live streaming hd free
watch champions league live streaming video
watch coppa america live streaming totalsportek
watch premier league net live stream channel
watch premier league live streaming video
watch coppa america live streaming bein sport
watch soccer game live now
watch soccer online free streaming live india
watch coppa america live streaming bola
watch champions league live streaming zee5
watch champions league live streaming cricfree
watch soccer live - live football streaming
watch premier league live streaming live
watch uefa champions league live streaming free online youtube
watch coppa america live streaming yify
watch soccer live streaming hd
watch soccer live streaming zimbabwe
watch tamil nadu premier league live streaming
watch champions league live streaming xbox one
watch sky sports premier league live streaming
watch coppa america live streaming india
watch champions league live streaming jamaica
apps to watch live streaming soccer
watch live english premier league online free streaming
watch champions league live streaming malaysia
watch soccer am online live streaming
watch champions league live streaming live
watch sky sports premier league live stream
watch coppa america live streaming espn
free watch champions league live streaming
watch coppa america live streaming reddit
watch soccer online free streaming live in english
watch soccer online free streaming live iphone
watch soccer online free live streaming livetv ru
watch coppa america live streaming youtube
watch soccer live streaming mobile
watch indian premier league live stream online
watch coppa america live streaming mobile
watch soccer online free streaming live app
watch soccer live streaming kenya vs ethiopia
watch champions league live streaming now tv
watch champions league live streaming zee tv
watch coppa america live streaming xfinity
watch champions league simulcast live stream
watch soccer online free streaming live reddit
watch karnataka premier league live streaming
watch live streaming soccer games
watch coppa america live streaming online free
watch coppa america live streaming dailymotion
watch coppa america live streaming quality
watch live streaming soccer online espn3
watch indian premier league live streaming
watch coppa america live streaming juventus vs manchester united
watch soccer live stream app
watch champions league live streaming match
watch premier league live streaming zimbabwe
watch soccer online free streaming live english
watch soccer online free streaming live canada
watch coppa america live streaming direct
watch english premier league live streaming online
watch premier league live streaming zee tv
watch premier league live streaming online - soccer portal
watch champions league live streaming now free
cpl 2018 live streaming watch caribbean premier league t20 2018
watch soccer live streaming zee tv
watch coppa america live streaming qatar
watch champions league draw live stream total sportek
watch soccer online free streaming live cricfree
watch soccer live streaming juventus
soccer tv live football streaming portugal
watch coppa america live streaming portugal
watch uefa champions league draw live streaming
watch champions league draw live streaming
watch coppa america live streaming cricfree
watch coppa america live streaming jamaica
watch soccer online free streaming live first row
where to watch champions league live streaming
watch coppa america live streaming hotstar
watch soccer live streaming jamaica
watch champions league live streaming manchester united
watch sky sports premier league online free streaming live
watch coppa america live streaming ufc
watch soccer online free streaming live
watch live streaming soccer manchester united
watch soccer online free streaming live bbc
watch coppa america live streaming uk
watch soccer online free live streaming hd
watch live soccer streaming on android
watch champions league final live streaming online
watch soccer game live espn
watch usa soccer live stream online
watch soccer live football streaming - ronaldo7.net
watch soccer online free streaming live liverpool
#MSport #4Series #knuckleball #liverpoolfc #elcasico #mancity #cristiano #BMW #liverpool #gunners #acmilan #soccerbible #chocolatecoffee #ignoranza #chocolate #coutinho #frasirap #afcnews #neymar #nikesoccer #goal #premierleague #liverpool #Liverpool #footballfans #streamingbolaid #jadwalbolahariini #meunier #gym #Celtic #alissonbecker #juventus #433skills #Barcelona #rugby #gooners #freekicks #liverpoolfans #firmino #footballschedule #adidasslipon #petercrouch #oasisengland #visubal #sixtimes #Suarez #serieatim #vip #england #championsleague #mancityvsliverpool #coys #portsmouthfc #manchestercity #kroenkeout #championship #Sunday
No comments:
Post a Comment