Chinese Soccer League Becomes Biggest Global Spender

Sports Quake

The January transfer window in China closed on Tuesday and saw Chinese Super League (CSL) clubs smash their spending record. A total of £331m was spent by CSL clubs which surpassed the £215m spent by the Premier League.

The £331m spent was £36m more than the previous record, set in 2016. This is a remarkable increase from 2013 which saw just £25m spent – showing the rapid growth and investment in football in China. Guangzhou Evergrande’s signing of Oscar from Chelsea for £60m was the biggest deal globally. However, Guangzhou recently announced they vow to phase out foreign players over the next years. The ‘best team in China’ is leading the way in helping strengthen the domestic game and achieve the objective of making China competitive at international level.

This weekend also marks the return of Chinese Super League and the much-anticipated debuts for the new superstars. CSL recently released figures showing average attendances are up 10% year on year with the league ranking 5th globally. In 2016, total attendance figures reached 5.8m. The increased investment is set to make 2017 the biggest CSL season yet.

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