VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
On May 24, the Chinese Football Association (CFA) introduced the strongest policies yet in a bid to curb soaring transfer fees for foreign players and to force clubs to field more U23 players on the pitch.
“To benefit the healthy and steady development of professional football leagues and curb the irrational spendings on players, those clubs which are in the red should pay the same sums of money as their spendings on buying players to the Chinese Football Development Fund and this money will be used for the development of local young players and the promotion of football in China,” the Chinese football authority said.
“Money from transfer fees will be used in the development of young players, the promotion of grassroots football and charities. ”
The CFA also made a claim for U23 players’ involvement in games.
"From 2018 season, all top-tier and second division clubs must field as many local U23 players as foreign players in each game," the football governing body said in another statement.
Source: Cankaoxiaoxi and ECNS
Proofread by Raymond Fitzpatrick
Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023 14:59
Interview with Nicolas Maurer: Becoming Mainstream and at the Forefront of French Esports Industry
04 Oct 2023 22:28
Related coverage
China Sports Media and CSL extend contract
25 Jan 2018
Nedvěd replaces Beckham as CSL ambassador
31 Mar 2016
Relegated CSL team finds new home in Beijing
25 Dec 2015
Funde Holdings Group acquires 70% stake in Yanbian FC
31 Dec 2015
Baofeng Sports to broadcast CSL on PC &mobile devices
07 Jun 2016
More from Yutang Sports
SportAccord's interview with Sarah Gregorius: proactive actions are necessary to tackle online abuse
28 Apr 2024
Expert insight | New changes on UEFA EUROs: growing maturity of Hisense and other Chinese brands
22 Jul 2024
SPORTACCORD 2024 INSIGHTS: Touchdowns, Home Runs and Slam Dunks
12 Jun 2024
SportAccord’s conversation with FEI President Ingmar De Vos: Equestrian sport’s road to Versailles
22 Apr 2024
Interview with Thomas Lund: to follow new trends and bring younger generations to the sport
17 Jun 2024
Yutang Sports
loading...