Chinese football clubs spent ₹3,000 crore on players in 2016
Chinese football clubs spent over ₹3,000 crore on footballers in 2016. In 2013, Chinese clubs spent about ₹190 crore on international transfers, while in 2015 it rose to around ₹1,150 crore. The bulk of the spending in 2016 was to sign players from European teams, including Shanghai SIPG paying over ₹408 crore to Zenit St. Petersburg for Brazilian striker Hulk.