Chinese FA bids to plug transfer loophole

AFP
CSL teams which 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.
AFP

CHINESE Super League teams which 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 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 on Monday appeared to be a response to French-born Congolese striker Cedric Bakambu’s murky move from Spain’s Villarreal to Beijing Guo’an, 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 (US$7 million) as concern mounted over spiralling fees splashed out to woo foreign talent to Chinese teams, most of which are believed to operate at a loss.

The unprecedented move has had a chilling effect on China’s 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 (US$49.38 million) 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 1 point deducted from their league tally, on up to 15 points for transfers surpassing 360 million yuan in value.

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

Bakambu and Guo’an have largely kept quiet, although the club — coached by the German Roger Schmidt — previously said that Bakambu left Villarreal “for personal reasons” and has pleaded ignorance about any deal.

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