CHINA ordered a clampdown Thursday on the mega sums being shelled out on foreign football stars and their salaries after the high-profile signings of Oscar and Carlos Tevez.
There has to be action against irrational investment and the government will regulate and restrain high-priced signings and make reasonable restrictions on players high incomes, a state General Administration of Sport spokesman warned.
Insolvent clubs could be kicked out of Chinas Super League, which has been spending more than the English Premier League in recent transfer windows to draw top names.
Brazilian international Oscar moved to Shanghai SIPG from Chelsea in a 60-million-euro ($63 million) deal, while Tevez was lured to rival Chinese Super League club Shanghai…
Read the full article at: http://www.foxsports.com.au/football/china-to-curb-splashy-spending-on-players-with-insolvent-clubs-set-to-be-kicked-out-of-the-csl/news-story/013ab62de4e1f8b0d1d147d35a6aa2eb
