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Chinese government vows to put brakes on football clubs ‘burning money’

• Spokesman says building ‘hundred-year’ clubs is their target
• Oscar and Carlos Tévez among recent major acquisitions

The Chinese government intends to limit the amount the country’s clubs are spending on international players after the latest high-profile arrivals saw the Asian transfer record broken once again.

A spokesman said clubs have been “burning money” on importing new talent after Shanghai SIPG spent £52m on the Brazil midfielder Oscar and Carlos Tévez joined Shanghai Shenhua to reportedly become the world’s best paid player.

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