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Chinese Super League set for exodus of its biggest names after major salary cap is introduced... meaning former Chelsea star Oscar will have to take 85 PER CENT pay cut - losing over £16m a year - if he wants to stay in Shanghai

The Chinese Super League could be set for an exodus of its biggest names after a dramatic salary cap was approved by the country's football association.

A whole host of big names from the Premier League and other top European leagues have upped sticks and headed to China for a lucrative pay-day, but that now appears to have ended with new measures that are being brought in next season.

It has been revealed that salaries for domestic players will be capped at £572,000 a year, while foreign players can now earn a maximum of £2.