Club suspends Iniesta’s move to China

0
340

Andres Iniesta’s potential move to Chinese Super League side Chongqing Lifan has been put on hold after the club said it would not pay the FC Barcelona playmaker a salary that would distort the market.

The 33-year-old Barca captain said in April he would leave the club he joined as a 12-year-old in the summer, with media reports suggesting he would be moving to Chongqing.

In a statement on social network Weibo on Friday, the Chinese side’s president Jiang Lizhang said they were working with Iniesta in areas including marketing and youth education.

He however added that there was no deal for him to play.

Chongqing said they would adhere to rational investment and follow rules set by the government-controlled Chinese Football Association, which includes a salary cap.

Spanish reports had indicated Iniesta was close to agreeing a three-year deal with Chongqing, worth 81 million euros ($97 million).

SHARE
Previous articleIran resumes uranium enrichment ‘without limit’
Next articleExcess charges: CBN compels banks to refund with interest
Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.