USEUROPEAFRICAASIA 中文双语Français
Home / Top News

'Salary cap' eyed for soccer imports

By Sun Xiaochen | China Daily | Updated: 2017-01-07 06:56

As China's lavish soccer clubs continue to sign foreign stars for staggering sums of money, the country's top sports body is considering imposing a "salary cap" to restrict excessive spending for more sustainable development of the domestic league.

A ceiling on the investment in player transfers and salaries should be set to curb the mounting financial burden on the clubs, the General Administration of Sport of China, the country's top sports body, said in a proposal released on Thursday. It also said more transparent financial auditing of clubs should be conducted.

"A series of issues, such as clubs spending excessively on overpriced foreigners while neglecting investment in youth training, have been hampering the long-term development of the game," it said in the statement.

'Salary cap' eyed for soccer imports

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US