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Chapter 117 - Chapter 31: Channel 1 Broadcast: China's Highest Paid Player

November 12, 2007, is a special day.

When people tuned in on time to watch the morning news, today's Channel 1 spent a full 30 seconds reporting a piece of news about a Chinese footballer.

It briefly introduced Chen Zhong's story of joining Real Madrid in 2005 and also edited a few of Chen Zhong's goals and blocks, recounting how Chen Zhong broke multiple domestic, Asian, and world records.

Of course, what impressed people the most was Chen Zhong's salary.

Although Channel 1 just mentioned in passing that Chen Zhong's new contract salary is 2.1 million Euros (about 1 million Euros after tax), that simple mention left a deep impression on the viewers.

The tax rate in Spain is quite high; if your annual salary exceeds 300,000 Euros, the tax rate will reach 52%.

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