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Transfer news: Guangzhou Evergrande will not sign Kaka

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Chinese club Guangzhou Evergrande have pulled out of the race to sign wantaway Real Madrid man, Kaka.

Chelsea, Arsenal and Tottenham are all believed to be interested in the Brazil international but the Spanish giants are unwilling to lower their asking price from £19.8million.

But it is the fact that the Chinese side have filled their quota of seven overseas players, meaning they will end their interest.

“We currently have seven foreign players for the season coming up and we have no plans to change any of them,” Guangzhou Evergrande president Liu Yongzhou said.

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