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Post by Football News on Jan 6, 2017 6:23:02 GMT
Chinese Super League clubs face caps on spending after 'burning money'China's chief sports governing body has announced plans to cap the big spending of Chinese Super League clubs.The league's current pre-season transfer window is set to break records in the wake of Oscar's £60m move to Shanghai SIPG from Chelsea and Shanghai Shenhua's £40m capture of Carlos Tevez. The Argentina striker has reportedly signed a deal worth £310,000 a week. A spokesperson for China's General Administration of Sport said clubs in the country were "burning money". The spending was also described as "a grave phenomenon" in a question and answer session on the organisation's official website on Thursday. The spokesperson added that the government body would "strengthen examination and supervision of clubs' financial affairs, progressively control clubs' expenditures on first-team players and ensure favourable financial conditions". In December, Cristiano Ronaldo's agent Jorge Mendes claimed the player was offered an £85m annual salary after an unnamed Chinese club approached Real Madrid with a £250m bid. Arsenal manager Arsene Wenger and Chelsea counterpart Antonio Conte are among the leading figures to have expressed concern about players being lured to China because of the financial benefits. The 2017 Chinese Super League campaign begins in March and finishes in November. BBC
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Post by bornablue on Jan 6, 2017 10:11:26 GMT
I've never seen anything like it with this lot. It puts me off football, it really does. There's a lot of poor people over there yet they're throwing their money around like the world's going to end.
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Post by jimmy on Jan 6, 2017 10:18:22 GMT
I've never seen anything like it with this lot. It puts me off football, it really does. There's a lot of poor people over there yet they're throwing their money around like the world's going to end. Is it on telly over here? Nikica Jelavic went over. They don't seem fussy.
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Post by rugbytoffee on Jan 6, 2017 17:29:55 GMT
Jon Obi Mikel has now moved over there £140 grand a week allegedly
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Post by rugbytoffee on Jan 8, 2017 19:10:49 GMT
Watford striker Troy Deeney is the latest player from Europe that is linked with a move to China after Hebei China launched a £25m bid for the Hornets skipper, reports The Daily Mirror.
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