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Chinese Club Breaks African Transfer Record

Chinese Club Breaks African Transfer Record

By David Kappel - Mar 01, 2018 06:30 PM @kappilinho

A Chinese club has broken the transfer record for an African player after completing a whopping £65.5 million (R1.07 billion) deal.

Click through the mini-gallery above to see the six most expensive African transfers in history.

Beijing Guoan have finally confirmed the arrival of former Villarreal striker Cedric Bakambu.

The Democratic Republic of Congo striker joined the Super League side for an undisclosed fee, believed to be £65.5 million, as reported by the BBC.

Bakambu has been training with Guoan since January, but the club tried to find a loophole in the rules in order to avoid paying a 100% "luxury tax", which was introduced last year, after activating the player's £35.5 million (R580 million) release clause.

The club had reportedly claimed they would not need to pay the massive tax amount because they signed Bakambu as a free agent, stating that the African paid his own buyout clause.

However, the Chinese authorities did not accept Guaon's reasoning, but did reduce the payable tax amount by about £6 million (R98 million), according to the BBC.

Read: Former Bafana Coach: FIFA Shouldn't Allow Messi To Play!

Overall, Bakambu is believed to have cost the club a whopping £65.5 million, breaking the record for an African player set by Pierre-Emerick Aubameyang's £56 million (R914 million) January move from Borussia Dortmund to Arsenal.

Do you think the new "luxury tax" will stop the massive Chinese spending we have seen in recent seasons? Have your say in the comments section below.


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MR E Joined: 17 Apr 2012
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MR E Mar 06, 2018 05:23 AM
Good luck boy in the Chinese league
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Ta Akon Joined: 24 Nov 2017
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Ta Akon Mar 03, 2018 07:19 PM
Waw
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Zwie10 Joined: 20 Feb 2015
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Zwie10 Mar 02, 2018 08:36 AM
Okay
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Lyricz Loverz Joined: 02 Feb 2017
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Lyricz Loverz Mar 02, 2018 08:12 AM
Yoh
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His Son 4 Life Joined: 27 Feb 2018
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His Son 4 Life Mar 02, 2018 07:22 AM
@Dezani33... he's smoking socks dis cowditor
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Faysal Joined: 14 Feb 2011
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Faysal Mar 02, 2018 12:16 AM
Collect the money player
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Dezani33 Joined: 31 Jan 2018
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Dezani33 Mar 01, 2018 09:15 PM
So cowditor u put wilfred bony's pic and u speak abt bakambu whats bothering u mr editor

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