Chinese Super League clubs' yin-yang contract fiasco
On the morning of September 27, 2023, a veteran media personality surnamed Miao revealed a shocking insider story pointing out that a Chinese Super League (CSL) powerhouse was suspected of signing a yin-yang contract. The anxiety of creditors or the motive behind the personnel change.
This matter is like a suspenseful story.
The details of the incident are roughly as follows: a team still owes money for winter training. The tricky part is that the debt involves a commission for the agent who was responsible for bringing in all the team's foreign aid. To complicate matters further, "the agent signed double contracts with the club for all the foreign aiders (note: alleged irregularities)."
To add insult to injury, it seems that the key person who signed the original contract with the club "had other plans" or "disappeared". Now that the agent has come forward to demand payment, the new leadership only recognizes the official contract and refuses to pay the so-called "Y-contract" and the winter training fees. The agent is also well aware of the club's current difficulties, but the funds are not available, they are both heartbroken and helpless, so "check the foreign aid contracts, began to look for another way out ......."
The story focuses on the phenomenon of "yin-yang contracts".
In response to the yin and yang contracts, the CFA issued a notice on December 14, 2020 on the indicators of financial agreements of clubs in the 2021-2023 professional league season, which clearly stipulates that if a club signs a "yin and yang contract" with a player by means of false reporting, intentional concealment, etc., or pays the player's salary illegally, the club will be relegated to a lower division in the next season if the club's performance in the current season is confirmed. If the club signs "yin and yang" contracts with players through false reports or intentional concealment, or pays illegal wages, the club's results for the current season will be canceled, and the club will be relegated to a lower league in the next season.
First of all, if Miao's claim that the foreign aid signed two contracts with the club is true, then this clearly belongs to the "yin and yang contract" expressly prohibited by the Football Association. Secondly, the penalties include the cancellation of this season's results and relegation, and the player is banned for two years.
Of course, the premise of all this is that the Football Association can "find out" and deal with it in accordance with the law. If they do not, or if they are not handled properly, then it is a different story.
I am deeply surprised. As far as I can remember, yin-yang contracts have long been a thing of the past. Nowadays, there are people who dare to act in such a way. In order to standardize the management, the Football Association recently clearly stipulated that all contracts of the club must use the standard text issued by the Football Association, and submit the original paper to the Football Association for the record. Under such strict supervision, what kind of "yin and yang" contract has the club signed?
At present, the original management may have encountered trouble or fled the scene, and the new leadership does not recognize the old accounts. In the heat of the moment, the brokers have resorted to the "killer app". Did the new leaders give in? If money is tight, there is no need to say anything. Caught in the act, perhaps in the future will be blackmailed again. No, the relationship between the two sides broke down, immediately reported to the Football Association. If the club is relegated, the foreigner faces a two-year ban. What other tricks are they playing? If the foreign aid complains to FIFA, I am afraid that a global ban will come. Is the club's fate just to be dissolved?
The point is that the incident has been publicized, no matter how the club responded, I am afraid it is difficult to undo. Unless the FA turns a blind eye or a deaf ear, an investigation will eventually take place. But who can cover up such a major incident?
It seems that those teams at the bottom of the table may not be relegated this season due to shady contracts - provided that they have not signed such contracts.
