Friday, 23 November 2018

China to cut down players salary as country takes a new dimension in players salary.


According to reports, Super Eagles striker Odion Jude Ighalo is said to be considering his future with Chinese club Yatai, following their relegation last season, while Tianjin Teda midfielder, John Mikel Obi has been bogged by series of injuries that put his future in doubt at Tianjin.



Ighalo and Mikel may now be encouraged to act fast and move on, as clubs in the Chinese Super League (CSL) will be required to adhere to a new set of regulations from next season, including a player salary cap, Footballlive.ng reports.
China Football Association (CFA) has taken various measures in recent years to discourage wastefulness by top-flight clubs, who have spent vast sums to lure high-profile overseas players and coaches to the country.

As part of the new regulations, the CFA would introduce restrictions on cash injections for clubs, as well as player bonuses, transfer fees and salaries.
The rules will require clubs to adhere to unified accounting and player contract standards, while the salary cap will set limits on the amount of earnings they can spend on player remuneration.

By the 2019 season, every domestic player must sign labour contracts and single-game bonus limits will be introduced, with the amounts announced at the start of each season. Cash payments and similar types of awards will be forbidden.

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