Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

China set to tighten limits on foreign players

Published 01/16/2017, 12:34 AM
Updated 01/16/2017, 12:40 AM
© Reuters. Brazilian international midfielder Oscar arrives at the Shanghai Pudong International Airport, after agreeing to join China super league football club Shanghai SIPG from Chelsea in Shanghai

SHANGHAI (Reuters) - China will tighten rules over the number of overseas players able to appear in domestic games, amid concerns that clubs have been over-spending on foreign talent with a rapid growth in the huge fees being paid for high-profile imports.

Clubs in the country's top leagues would be limited to fielding a maximum of three foreign players per game for the 2017 season, down from the current five, China's Football Association said in a statement on Monday.

A spate of investment by Chinese clubs has seen players such as Brazil's Oscar and Argentine Carlos Tevez make big-money moves to China over the last month. Shanghai SIPG signed Oscar from English club Chelsea in a deal said to make him the highest-paid player in the world.

However, the drive has prompted fierce criticism from officials and local media, with Xinhua saying earlier this month that clubs were "burning money" on overpaid foreign talent and neglecting the development of domestic players.

Chinese officials have said clubs should impose salary caps and create special funds to develop home-grown talent.

Teams can currently have three foreign players plus one Asian player on the field at any one time, a system referred to as the "3+1" rule. A fifth foreign player can be used as a substitute as long as the "3+1" rule is maintained.

Clubs would still be able to register five foreign players in their overall squad, the association said, but the rule would mean not all could be used in any one game, a potential disincentive to loading a squad with international imports.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The association said in the statement that teams would also have to include two younger domestic players born in or after 1994 in their match day squad, of whom one would have to start the game.

"The FA will roll out a series of measures to regulate the operation and management of clubs in terms of irrational investment, and high transfer fees and wages for domestic and international players," the body said, referring to clubs in the top Chinese Super League and China League One.

Driven by soccer-loving President Xi Jinping, China has also been using its financial might to invest in prestigious overseas clubs like Inter Milan in Italy.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.