Beijing, Jan 20 (IANS) The Chinese Football Association (CFA) has decided to put limits on wages earned by players in local clubs where foreign players get high salaries.
The CFA on Thursday said in a statement that a portion of their earning from the clubs would be invested for training of promising young people, Efe reported.
The association's announcement coincided with the arrival of Argentine star Carlos Tevez in the country to join Shanghai Greenland Shenhua, where he will receive $40 million for each of the two seasons of his contract with the Chinese club.
The Chinese football governing body announced recently the reduction of the number of foreign players allowed to play in the same match from four to three players.
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
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