Latest Chinese Super League transfer rules could force clubs to think twice before splashing the cash
Chinese Football Association asks for feedback by Sunday, with summer transfer window set to open on Monday
China’s transfer window swings open again on Monday, but the potential for Super League clubs to splash the cash on often over-priced foreign signings could further be limited by an updated proposal to introduce a transfer tax on all deals.
Officials from The Chinese Football Association (CFA) wrote to all 32 clubs in China’s top two divisions this week detailing the latest move to curb spending after a record-breaking pre-season, asking for their feedback by Sunday.
Any club seen to be in debt that spends more than 45 million yuan (HK$51.6m) on a foreign player, or 20 million yuan on a domestic signing, will have to pay the same amount to a football development foundation under the control of the CFA.
A club which spends less will still need to pay the registration fee, but it will be returned to be spent on their youth academy.
And to stop creative club officials trying to bypass the rules with loan signings, if the loan fee is less than the transfer fee paid initially by the parent club, clubs will be required to pay the appropriate registration fee based on the earlier transfer fee.
