The soccer governing body regulates that each CSL club’s total expenditure each season should not exceed 600 million yuan ($91 million), including money spent on youth training and women’s soccer.
The new salary cap on domestic players is 5 million yuan before tax, while the salary cap on foreign players is 3 million euros ($3.3 million) before tax. The numbers are much smaller than CFA’s current salary cap.
After the 2019 season, the CFA introduced a salary cap of 3 million euros after tax on foreign players. The salary cap for domestic players is now at 10 million yuan ($1.43 million) before tax, or 12 million yuan for China internationals.
“The CFA will punish any club or player who violates the regulation. It doesn’t matter how famous or influential they are,” said Chen Xuyuan, the CFA president.