Chinese Football Market Update | Nov 22

Chinese Football Update: By Nov 22

CFA-Financial health

BEIJING, Nov. 17 (Xinhua) — Chinese Football Association (CFA) president Chen Xuyuan has vowed to introduce stricter measures to further reduce players’ salaries in order to ensure the health of China’s football leagues.

In an effort to curb excessive spending, the CFA had in January announced the introduction of a salary cap of 3.3 million U.S. dollars per year for overseas players, with Chinese players limited to annual earnings of 1.4 million U.S. dollars.

“The leagues can only operate well under reasonable financial conditions, and I am certain that we will work out measures by the end of this year to further curb spending and reduce the players’ pay,” Chen said, adding that the specific measures would soon be finalized.

“To maintain the health of the Chinese football leagues is a task I mentioned many times after I came to work in the CFA, as I don’t think our leagues are sustainable,” he said.

Chen warned that Chinese football leagues are facing ruin as a result of their clubs’ overspending on players’ pay.

“The major reason for their unsustainability is the overspending (of the clubs). This has to be changed,” he said. “Otherwise, Chinese football leagues will not last long.”

Should such a measure be implemented, it would represent the latest step aimed at reducing spending by Chinese clubs. In addition to January’s salary cap, a 100 percent tax on transfer fees for overseas players was introduced in 2018. 

Source: Xinhua

CFA-Extend the validity of the players’ agent qualification certificate

Due to the COVID-19 outbreak, CFA will not hold the qualifying examination for players’ representatives this year, and the validity period of the existing players’ representatives qualification certificate will be extended by one year from this date (if the current validity expires on November 30, 2020, then it will be extended to November 30, 2021).

China League One

1. End date: Nov 21

2. Teams to be promoted: Changchun Yatai to CSL

While after Losing to Wuhan Zall, Zhejiang Greentown lost the opportunity to be promoted to CSL for the new season.

3. Teams to be relegated: Beijing Renhe, Xinjiang Leopard

CMCL

Date to start the league: Nov 21

Group Stage

The 16 teams in the final will be drawn into 4 groups and each group will play in a single cycle. Groups A and B are in Hengbei Football Town Competition Area of Wuhua County, and Groups C and D are in Fuli Football School Competition Area of Meixian County. The top 2 teams in each group will advance to the knockout stage.

Knockout Stage

The top two teams of Group A and B, And the top two teams of Group C and D will go through two rounds of cross-knockout until all the places in this division are decided.

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