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Sebastian Giovinco rejected $10 million salary from Beijing Guoan, report claims

As expected, the Atomic Ant could have landed a substantial pay rise in China.

MLS: Playoffs-Toronto FC at New York City FC Derik Hamilton-USA TODAY Sports

If anyone did not get enough of the Sebastian Giovinco transfer saga in January, Italian journalist Gianluca Di Marzio brings us another interview with the Toronto FC forward’s agent, Andrea D’Amico.

According to Di Marzio, whose track record is as good as it gets on transfers, Giovinco has already turned down an offer worth €10 million (approximately US$10.5 million) a year from Beijing Guoan. It should be added that there has been no indication Toronto would have allowed him to depart even if he had wanted to.

Giovinco in China? At the moment, he has turned it down,” D’Amico told Di Marzio. “Everything in the transfer market is ‘at the moment’. The financial offer doesn't suit Toronto nor Giovinco. We'll see.

“How do you negotiate with Chinese clubs? There are many intermediaries. Beijing and others came and made their offers. There was a first offer and then an increased one - for China the financial aspect is the last problem.”

Giovinco earned $7,155,555 in guaranteed compensation in 2016, according to MLS Players Union numbers. That would make the reported offer from Beijing a significant pay rise, though other bonuses may take his MLS contract closer to what is on offer in the Chinese Super League.

Beijing, whose most famous current players are Turkey striker Burak Yilmaz and Brazil midfielder Renato Augusto, have been linked with a number of strikers since the turn of the year including Wayne Rooney, Alberto Paloschi and Abel Hernandez.