News flash: April 4, from the "Zhejiang Football Intelligence Group" broke the news, although the Zhejiang soccer team to follow the standards of the Chinese Super League actively attracted reinforcements, but unfortunately failed to promote to the Chinese Super League, resulting in the club's expenditures have exceeded the financial ceiling of the Central League.
"Zhejiang Football Intelligence Group further analyzes: "Due to the long-term unresolved issue of attracting reinforcements, Greentown has begun to prepare for the game in accordance with the standard of the Chinese Super League. As a result, Greentown's financial investment has exceeded the limit set by the Central League. While continuing to attract reinforcements, Greentown will also scientifically optimize the salary structure to ensure compliance with the financial norms of the Central League."
The CFA has already made it clear in the financial constraint program for the 2021-2023 season of the Central League released in the previous year that the total annual expenditure of each Central League club shall not exceed RMB 2 billion, and that the annual salary cap for domestic players of the first team shall be RMB 3 million (before tax), and that the annual salary cap for foreign players shall be EUR 1.5 million (before tax).
