' The Chinese FA has announced a shock New '

CHINA'S TRANSFER TAX

25/05/2017

The Chinese FA has announced a shock new 100% tax on the signing of foreign players, making it less likely that players such as Diego Costa and Wayne Rooney will move to Chinese Super League (CSL) clubs this summer.

Any "loss-making" clubs buying foreign players will have to pay the same amount as the transfer fee into a fund to help the development of young Chinese players.

All CSL clubs are believed to be making a loss, so the rule is effectively doubling the price of foreign players. The new rule will come into force when the Chinese transfer window opens on June 19.

The CFA says: "Clubs signing players through capital expenditure will be charged the same amount, with the full sum going to the Chinese Football Development Foundation, to train young players, promote social football and soccer charity activities."

Great idea, if the money does filter down to grass roots level.

It's understandable from the Chinese FA who will seek to protect their own talent

A mild influx of very good players from abroad will help their game in the long-term though. If it is done correctly and they control what is paid out perhaps they have learned a lesson from the watching the Premier League

The new policy has a strong political background, those people in Chinese FA are just puppets under the strings, they don't even know how this industry works(Lots of them were table tennis and badminton players in the past), people who have a good understanding of management of Chinese football are all in prison. But I have to say there are good intentions though, but I don't think it's gonna work, CSL clubs would try to be as flexible as they can(e.g. Jiangsu FC could borrow players from Inter Miland for whatever they want to, two clubs basically share the same owner.)

Extreme, but protecting their own. More than we can say for the sell out English fa.