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Chinese Football Association to introduce salary cap amid raft of financial constraints but 100 per cent tax stays
- Several caps will reportedly be in place for 2019 season onwards as CFA looks to contain spending
- Players forced to fall in line ahead of next campaign while bonuses will also be curtailed
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The Chinese Football Association will introduce a salary cap for next season, according to reports from state news wire Xinhua.
This and several other moves to control the finances of Chinese clubs had been expected after another CFA announcement last month but the exact details were awaiting the end of the Chinese Super League Season.
Now the finer points have emerged – there will be four affected areas, according to Xinhua, and they will be officially announced in the upcoming China Football Association Professional Club Financial Supervision Regulations.
These limit investment by owners, which will see the limit lowered year-on-year from 2019 to 2021, while clubs are expected to hire outside analysts and break even.
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The salary cap will affect domestic players the most as clubs in the Chinese Super League and the two tiers below will see wage expenditure limited to a proportion of their total expenditure.
This means that domestic players are expected to sign new contracts with their clubs before next season.
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