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Chinese football tax (1 Viewer)

  • Thread starter oldskyblue58
  • Start date Jun 2, 2017
Forums New posts

oldskyblue58

CCFC Finance Director
  • Jun 2, 2017
  • #1
Interesting way of controlling spending by clubs. effectively a 100% tax on transfers for a loss making club. Proceeds get invested in the countries youth football program

Chinese football regulator introduces 100% tax on foreign player signings | CCH Daily
 
Reactions: RFC

Nick

Administrator
  • Jun 2, 2017
  • #2
The new tax rule means that any loss-making clubs buying foreign players will have to pay the same amount as the transfer fee into a fund which would help develop young Chinese players.
Click to expand...

I like the idea of that! (obviously if it was in England).
 
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