China to curb spending

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China’s government has told the country’s football clubs to curb their spending in the wake of big-money moves for Oscar and Carlos Tevez.

Former Manchester United striker Tevez has become the world’s highest-paid footballer, on around £615,000 a week, after moving to Shanghai Shenhua.

Shanghai SIPG signed Oscar from Chelsea for £60m and are reportedly paying him in excess of …

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