Inspiration of UEFA Financial Fair Play on CSL
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Graphical Abstract
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Abstract
UEFA implemented financial fair play based on the financial situation of professional football clubs in 2011.There are two basic core requirements:No overdue payables and breakeven rule.After years of practice,the club's over-investment and the player's salary foam has been suppressed.Chinese Football Association Super League exist serious financial problems,over-investment behavior has showed deep market risk,the league management should learn the useful experience from financial fair play,and regulate irrational investment behavior of CSL through competitive balance,financial balance and reform of supporting system.
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