Club suspends Iniesta’s move to China

Date:

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.

Thank you for reading this post, don't forget to subscribe!

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).

By Naija247news
By Naija247newshttps://www.naija247news.com/
Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

SEC Sanctions Mainland Trust, Centurion Registrars Over Market Infractions

Naija247news reports that the Securities and Exchange Commission (SEC)...

NEITI: FAAC Disbursed N15 Trillion in 2024 as Lagos, Delta Lead Revenue Allocation

Naija247news reports that the Nigeria Extractive Industries Transparency Initiative...

Peter Obi Slams Tinubu Over Suspension of Governor Fubara, Calls Move Reckless and Unconstitutional

Naija247news reports that former presidential candidate Peter Obi has...

Nigerian Breweries Acquires Full Ownership of Heineken’s Subsidiary in Strategic Expansion Move

Naija247news reports that Nigerian Breweries Plc has completed the...