He was strongly linked with Chelsea and Liverpool in January, but now Brazilian attacking midfielder Alex Teixeira is the most expensive player ever brought to the Chinese league, as Jiangsu Suning paid Shakhtar Donetsk 50m euros, or £38.4m, for his services.
Teixeira will join former Blues midfielder Ramires, who made a £25m switch earlier in the week.
The Reds will be disappointed, as Teixeira’s terrific goalscoring record from behind the striker would have been perfect for Jürgen Klopp’s inconsistent attack.
But the real fear will be for the rest of Europe. While Premier League clubs have a lucrative TV deal, enabling them to resist Chinese cash, the other top leagues may have difficulty holding on to their best players when presented with offers far above any realistic valuation.
Plenty of teams around the continent are in debt, and the opportunity to sell off an asset at an inflated price could be very tempting.
Teixeira is arguably the first player to leave who is much in demand at the top level. Ramires has been an excellent servant for Chelsea, but is aging and mostly a substitute, while Jackson Martinez was extremely poor at Atletico Madrid and is 30 this year.