Is the soccer gold rush at an end?

ACCORDING TO REPORTS, the Chinese Football Association is to stipulate the upper limits for the players' salaries and bonuses, how much clubs can spend on foreign players, as well as the amount that can be invested in the clubs next year. China Daily reporter Li Yang comments:

With huge investment from real estate tycoons and mammoth State-owned enterprises, the Chinese Super League is world famous for its purchasing capacity. It has come to be seen as a gold mine and some big-name foreign players and coaches have increased their income several fold before retirement by playing or coaching in the CSL.

The CFA's move to cool down the clubs' spending fever has been long-awaited. Third-party agencies will investigate the clubs' financial affairs, and the new rules will make it compulsory for the clubs to disclose their basic financial data.