Pulse.com.gh logo
Go


Football Chinese FA moves to plug transfer loophole after Bakambu affair

Chinese Super League teams who evade the country's 100 percent levy on foreign player transfers face crippling point deductions under new measures aimed at plugging loopholes in the restrictions.

  • Published:
Beijing Guoan released photos last month of Cedric Bakambu training with them in Portugal, but declined to confirm whether he had indeed joined the club play

Beijing Guoan released photos last month of Cedric Bakambu training with them in Portugal, but declined to confirm whether he had indeed joined the club

(BEIJING GUOAN/AFP/File)

Chinese Super League teams who evade the country's 100 percent levy on foreign player transfers face crippling point deductions under new measures aimed at plugging loopholes in the restrictions.

The Chinese Football Association (CFA) said clubs could be docked up to 15 points in the league table depending on the value of a transfer and would be prevented from registering such players until all details of transfer contracts and proofs of payment are submitted to the league.

The CFA bulletin issued late Monday appeared to be a response to French-born Congolese striker Cedric Bakambu's murky move from Spain's Villarreal to Beijing Guoan, after reports suggested it was structured to dodge the transfer tax.

The CFA last May slapped a 100 percent tax on incoming transfers worth over 45 million yuan ($7 million) as concern mounted over spiralling fees splashed out to woo foreign talent to Chinese teams, most of which are already believed to operate at a loss.

The unprecedented move has had a chilling effect on China's once-overheated transfer market.

But the Bakambu affair has emerged as a litmus test of the curbs, as reports in Spain and France said 40 million Euros had been paid to free the player from his Spanish contract.

The move would reportedly bring Bakambu to Beijing on a free transfer and sparked speculation that the FA would work to seal any cracks in the system exposed by the deal.

The new announcement said the tightened rules were issued after "considering the realities that have emerged in the current process of registering player transfers," without elaborating.

It said clubs that evade the levy on transfers of up to 45 million yuan would have one point deducted from their tally in the league table, on up to 15 points for transfers surpassing 360 million yuan ($57 million) in value.

It was not immediately clear where that would leave Bakambu, whose fate has been shrouded in mystery.

Bakambu and Beijing Guoan have largely kept quiet, although the club -- coached by the German Roger Schmidt -- previously told AFP that Bakambu left Villarreal "for personal reasons" and have pleaded ignorance about any deal.

BBC Sport has previously quoted a figure close to Bakambu as saying that Guoan provided the funds to buy him from Villarreal.

Compounding the confusion, Guoan released photos last month of Bakambu training with them in Portugal, but declined to confirm whether he had indeed joined the club.

The CFA underlined its commitment to the 100 percent tax rule after the winter transfer window opened in China on January 1, saying it would not stand for any "loophole-exploiting behaviour".

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos




Top Articles

1 Football FIFA made a mistake awarding Messi the Golden Ball- Sepp...bullet
2 Black Princesses Why FIFA waited 10 weeks to issue a threat to ban Ghanabullet
3 Premier League Daniel Amartey sets infamous records on opening...bullet
4 Wahala!!! SSNIT sacks GFA member captured in Anas exposébullet
5 Number 12 FIFA to ban Ghana over government interferencebullet
6 Explainer What if Ghana football goes into coma for a year or...bullet
7 Today in History On this day: Kwesi Nyantakyi appointed as...bullet
8 Chelsea Boss Maurizio Sarri chews cigarette at the Bridge...bullet
9 Video Cristiano Ronaldo needs just seven minutes to...bullet
10 EA Sports You can do the 'Milly Rock' dance with Jesse...bullet

Top Videos

1 Watch Kwadwo Asamoah's wonderful assist as Inter pip Atleticobullet
2 Seedorf and Kluivert unveiled as the new Cameroon coachesbullet
3 Anas Aremeyaw Anas finally takes off beads on TVbullet
4 Video Andre Ayew jams to Kwami Eugene’s hit songbullet
5 Video Shatta Wale displays great football skills that would...bullet
6 Ghost Goal Italian referee shows remorse for disallowing...bullet
7 Video Watch the highlights of new Black Stars wonder kidbullet
8 Video Gyan rubbishes assertion that Ghana would have won...bullet
9 Video Sannie Daara received GHC 4,000 bribe in Anas exposébullet
10 Watch the six-goal thriller between Aduana Stars and Rajabullet

Football