Fri | May 26, 2017

Brazilians chase Chinese football dollar

Published:Saturday | April 11, 2015 | 4:00 AM

SAO PAULO (AP):

Most Brazilian players dream of making it to a top European football club. These days, though, some of the country's most promising players are heading to a very different sporting nation.

China is fast becoming the new destination for some of Brazil's best players, rather than the English Premier League, Spain's La Liga or the Bundesliga in Germany.

Thanks to hefty investments to boost football in the Asian country, Chinese teams have become much more attractive to Brazilian and South American players, making high salary offers that overshadow the players' desire to move to better clubs in Europe.

China was the country that has spent the most on transfers from Brazilian clubs so far this year, topping almost US$40 million in the signing of nine South American players, including two from Brazil's national team.

global player

"China is trying to become a global player in the sport, it wants to become relevant internationally," said Fernando Ferreira, head of the Brazilian sports consultancy firm Pluri. "And signing some of the best players in Brazil is part of this process, it's part of the strategy. They are coming to Brazil to gather 'raw material,' to find 'skilled labour'."

China has been steadily ramping up investments on foreign players and is the third country with the highest spending on international transfers in 2015, according to numbers released through FIFA's transfer matching system, behind Germany ($118 million) and England ($174 million).

Chinese clubs have spent more than $85 million on the international market through March 17, FIFA said, more than five times it spent in 2013. They have already spent nearly $7 million more this year than in all of 2014.

Ukraine, Italy and Spain were the countries that spent the most to recruit players from Brazilian clubs between 2011 and 2014, but now they are all about to be surpassed by China. It has become harder for other markets to compete with the Chinese, especially for second-tier players not usually targeted by big-spending teams such as Barcelona, Real Madrid or Chelsea. These players are now getting better offers from China than from the smaller European clubs that had been signing them.

"Players worth 3 or 4 million euros to teams in Europe now are being signed for about 10 million in China," Ferreira said.