体坛英语资讯：CFA issues further details on 2019 salary cap
<p><span word="JINAN">JINAN</span>, <span word="Dec">Dec</span>. 20-- <span word="The">The</span> <span word="Chinese">Chinese</span> <span word="Football">Football</span> <span word="Association">Association</span> (<span word="CFA">CFA</span>) <span word="on">on</span> <span word="Thursday">Thursday</span> <span word="announced">announced</span> <span word="a">a</span> <span word="set">set</span> <span word="of">of</span> <span word="financial">financial</span> <span word="restraints">restraints</span> <span word="to">to</span> <span word="be">be</span> <span word="imposed">imposed</span> <span word="on">on</span> <span word="clubs">clubs</span> <span word="in">in</span> <span word="the">the</span> <span word="Chinese">Chinese</span> <span word="Super">Super</span> <span word="League">League</span> (<span word="CSL">CSL</span>) <span word="and">and</span> <span word="lower">lower</span> <span word="professional">professional</span> <span word="leagues">leagues</span> <span word="from">from</span> 2019.</p><p><span word="The">The</span> <span word="measures">measures</span> <span word="come">come</span> <span word="as">as</span> <span word="transfer">transfer</span> <span word="fees">fees</span> <span word="and">and</span> <span word="salaries">salaries</span> <span word="have">have</span> <span word="skyrocketed">skyrocketed</span> <span word="in">in</span> <span word="China">China</span> <span word="in">in</span> <span word="recent">recent</span> <span word="years">years</span>, <span word="with">with</span> <span word="the">the</span> <span word="CFA">CFA</span> <span word="aiming">aiming</span> <span word="to">to</span> <span word="curb">curb</span> <span word="overspending">overspending</span> <span word="to">to</span> <span word="promote">promote</span> <span word="a">a</span> <span word="more">more</span> <span word="sustainable">sustainable</span> <span word="development">development</span> <span word="agenda">agenda</span>. <span word="The">The</span> <span word="regulations">regulations</span> <span word="will">will</span> <span word="apply">apply</span> <span word="to">to</span> <span word="the">the</span> <span word="CSL">CSL</span>, <span word="China">China</span> <span word="League">League</span> <span word="One">One</span>, <span word="and">and</span> <span word="China">China</span> <span word="League">League</span> <span word="Two">Two</span>.</p><p><span word="Under">Under</span> <span word="the">the</span> <span word="new">new</span> <span word="regulations">regulations</span>, <span word="domestic">domestic</span> <span word="players">players</span>' <span word="salaries">salaries</span> <span word="will">will</span> <span word="be">be</span> <span word="capped">capped</span> <span word="at">at</span> 10 <span word="million">million</span> <span word="RMB">RMB</span> (<span word="about">about</span> 1.45 <span word="million">million</span> <span word="U">U</span>.<span word="S">S</span>. <span word="dollars">dollars</span>) <span word="per">per</span> <span word="annum">annum</span>, <span word="minus">minus</span> <span word="game">game</span> <span word="bonuses">bonuses</span>. <span word="Players">Players</span> <span word="called">called</span> <span word="up">up</span> <span word="for">for</span> <span word="the">the</span> <span word="China">China</span> <span word="national">national</span> <span word="team">team</span> <span word="for">for</span> <span word="the">the</span> 2019 <span word="Asian">Asian</span> <span word="Cup">Cup</span> <span word="or">or</span> <span word="the">the</span> <span word="qualifiers">qualifiers</span> <span word="for">for</span> <span word="the">the</span> 2022 <span word="FIFA">FIFA</span> <span word="World">World</span> <span word="Cup">Cup</span> <span word="will">will</span> <span word="be">be</span> <span word="eligible">eligible</span> <span word="for">for</span> <span word="a">a</span> 20 <span word="percent">percent</span> <span word="increase">increase</span> <span word="over">over</span> <span word="the">the</span> <span word="salary">salary</span> <span word="cap">cap</span>.</p><p><span word="The">The</span> <span word="plan">plan</span> <span word="will">will</span> <span word="also">also</span> <span word="reduce">reduce</span> <span word="the">the</span> <span word="salaries">salaries</span>-<span word="to">to</span>-<span word="expenses">expenses</span> <span word="ratio">ratio</span> <span word="of">of</span> <span word="a">a</span> <span word="CSL">CSL</span> <span word="club">club</span> <span word="to">to</span> 65 <span word="percent">percent</span> <span word="in">in</span> <span word="the">the</span> 2019 <span word="season">season</span>, 60 <span word="percent">percent</span> <span word="in">in</span> 2020 <span word="and">and</span> 55 <span word="percent">percent</span> <span word="in">in</span> 2021. <span word="Salaries">Salaries</span> <span word="include">include</span> <span word="expenses">expenses</span> <span word="paid">paid</span> <span word="to">to</span> <span word="all">all</span> <span word="players">players</span> <span word="in">in</span> <span word="the">the</span> <span word="first">first</span> <span word="team">team</span> <span word="and">and</span> <span word="reserve">reserve</span> <span word="team">team</span> <span word="squads">squads</span>.</p><p><span word="The">The</span> <span word="salary">salary</span> <span word="cap">cap</span> <span word="will">will</span> <span word="only">only</span> <span word="apply">apply</span> <span word="to">to</span> <span word="domestic">domestic</span> <span word="players">players</span> <span word="who">who</span> <span word="signed">signed</span> <span word="a">a</span> <span word="new">new</span> <span word="contract">contract</span> <span word="recorded">recorded</span> <span word="by">by</span> <span word="the">the</span> <span word="CFA">CFA</span> <span word="from">from</span> <span word="January">January</span> 1, 2019. <span word="Those">Those</span> <span word="players">players</span> <span word="will">will</span> <span word="sign">sign</span> <span word="new">new</span> <span word="contracts">contracts</span> <span word="under">under</span> <span word="the">the</span> <span word="salary">salary</span> <span word="cap">cap</span> <span word="when">when</span> <span word="their">their</span> <span word="existing">existing</span> <span word="contracts">contracts</span> <span word="expire">expire</span>, <span word="according">according</span> <span word="to">to</span> <span word="He">He</span> <span word="Xi">Xi</span>, <span word="director">director</span> <span word="of">of</span> <span word="the">the</span> <span word="CFA">CFA</span>'<span word="s">s</span> <span word="club">club</span> <span word="licensing">licensing</span> <span word="department">department</span>.</p><p><span word="The">The</span> <span word="new">new</span> <span word="rules">rules</span> <span word="will">will</span> <span word="set">set</span> <span word="limits">limits</span> <span word="on">on</span> <span word="the">the</span> <span word="amount">amount</span> <span word="of">of</span> <span word="financial">financial</span> <span word="expense">expense</span> <span word="and">and</span> <span word="deficit">deficit</span> <span word="for">for</span> <span word="each">each</span> <span word="professional">professional</span> <span word="club">club</span> <span word="over">over</span> <span word="the">the</span> <span word="coming">coming</span> <span word="three">three</span> <span word="years">years</span>. <span word="The">The</span> <span word="total">total</span> <span word="permitted">permitted</span> <span word="expense">expense</span> <span word="for">for</span> <span word="a">a</span> <span word="top">top</span>-<span word="flight">flight</span> <span word="club">club</span> <span word="amounts">amounts</span> <span word="to">to</span> <span word="around">around</span> 174 <span word="million">million</span> <span word="U">U</span>.<span word="S">S</span>. <span word="dollars">dollars</span> <span word="in">in</span> 2019, <span word="and">and</span> <span word="will">will</span> <span word="decrease">decrease</span> <span word="year">year</span> <span word="by">by</span> <span word="year">year</span> <span word="to">to</span> 130.5 <span word="million">million</span> <span word="U">U</span>.<span word="S">S</span>. <span word="dollars">dollars</span> <span word="in">in</span> 2021. <span word="In">In</span> <span word="the">the</span> 2019 <span word="CSL">CSL</span> <span word="season">season</span>, <span word="the">the</span> <span word="deficit">deficit</span> <span word="cap">cap</span> <span word="will">will</span> <span word="be">be</span> <span word="set">set</span> <span word="at">at</span> 46.4 <span word="million">million</span> <span word="U">U</span>.<span word="S">S</span>. <span word="dollars">dollars</span>. <span word="Expenses">Expenses</span> <span word="related">related</span> <span word="to">to</span> <span word="youth">youth</span> <span word="development">development</span> <span word="will">will</span> <span word="be">be</span> <span word="excluded">excluded</span> <span word="from">from</span> <span word="the">the</span> <span word="club">club</span>'<span word="s">s</span> <span word="total">total</span> <span word="amount">amount</span>.</p>
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