The Chinese FA has announced a shock new 100% tax on the signing of foreign players, making it less likely that players such as Diego Costa and Wayne Rooney will move to Chinese Super League (CSL) clubs this summer.
Any "loss-making" clubs buying foreign players will have to pay the same amount as the transfer fee into a fund to help the development of young Chinese players.
All CSL clubs are believed to be making a loss, so the rule is effectively doubling the price of foreign players. The new rule will come into force when the Chinese transfer window opens on June 19.
The CFA says: "Clubs signing players through capital expenditure will be charged the same amount, with the full sum going to the Chinese Football Development Foundation, to train young players, promote social football and soccer charity activities."
Credit:Skysports