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Chinese Super League clubs hit with double incentive to cough up luxury levy to the CFA but loans provide loophole
Regulation announced ahead of long anticipated confirmation of Cedric Bakambu moving to Beijing Guoan
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While the Cedric Bakambu transfer to Beijing Guoan is still no nearer a conclusion, the Chinese Football Association has ruled on the potential luxury tax implications for transfers to Chinese Super League clubs.
Clubs who refuse to pay the transfer tax will be liable for point deductions based on the fee for the player and they will also be unable to register the player with the CFA, rendering them ineligible for official competition in China and under the AFC.
That double punishment leaves clubs with little option but to accept the luxury levy and pay up.
The announcement comes ahead of the expected confirmation of Congo striker Bakambu’s transfer from Spanish Primera Liga side Villareal to the Chinese capital.
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Bakambu trained with Guoan at their pre-season camp in Portugal and even scored for the club at the Atlantic Cup but has not yet been officially announced as a new signing or registered with the CFA.
Possible points deductions range from one to 15 points depending on the transfer fee involved, but the CFA have announced that transfers where players buy themselves out of their contracts – as Bakambu did at Villareal – and deals paid for by third-parties are also subject to the regulation.
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