Recently, the Korean media has focused on the latest rules of the Chinese Football Association (CFA) regarding the repayment of unpaid wages by clubs, worrying that the move may bring an unprecedented upheaval to the national soccer community.
In April this year, China's Football Association issued a "club salary arrears handling program and penalties", requiring clubs to settle at least 30% of salary arrears by July 31, at least 70% of salary arrears by October 31, and stipulates that by December 31 must be paid in full.
Just on the 19th, China's Football Association (CFA) sent an urgent letter to all clubs, urging them to solve the problem of unpaid wages as soon as possible, emphasizing that all clubs must strictly implement the repayment plan, or they will face the corresponding disciplinary action.
Analysis points out that this move by our Football Association may trigger unrest in the national football sector. In fact, two clubs in China have already declared bankruptcy in the initial phase of this season, while numerous clubs are trying to cope with the current predicament through salary cuts and salary cap strategies.