Chelsea Avoid Points Deduction After Self-Reporting Historic Financial Breaches
Chelsea admitted over £47.5m in undisclosed payments from 2011-18 under Abramovich; the club received a £10.75m fine, suspended transfer ban, and nine-month academy transfer ban.
- On Monday, the Premier League fined Chelsea £10.75m and imposed a one-year suspended transfer ban for 74 rule breaches involving undisclosed payments made between 2011 and 2018 under Roman Abramovich's ownership.
- Payments totaling more than 47 million were made with the "knowledge and approval" of senior former Chelsea officials, including over £19m facilitating transfers from Russian club Anzhi Makhachkala in 2013.
- Investigators found no less than 36 payments made to 12 entities, with Chelsea sharing more than 200,000 documents during the probe, including details on transfers for Eden Hazard, Samuel Eto'o, and Willian.
- Due to "exceptional co-operation," Chelsea avoided a points deduction, though the club received an immediate nine-month academy transfer ban as part of the sanction agreement.
- Chelsea head coach Liam Rosenior said the sanctions were not a "negative distraction," while UEFA also secured a settlement with the club contributing €10.6 million regarding 2022 disclosures.
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Why Chelsea avoided a points deduction unlike Everton and Nottingham Forest after breaching rules
The recent verdict handed down to Chelsea by the Premier League has triggered a wave of intense scrutiny and frustration across the English football landscape.After an extensive investigation into historical financial irregularities, the Blues were hit with a record £10.75million fine, a one-year suspended transfer ban for first-team players, and an immediate nine-month ban on registering academy prospects.For supporters of clubs like Everton an…
Soccer-Chelsea fined 10.75 million pounds, given suspended transfer ban, after Premier League rule breaches
LONDON, March 16 (Reuters) - Chelsea have been fined a record total of 10.75 million pounds ($14.3 million) for historical breaches of the Premier League's regulations, the league said on Monday. Read full story
Chelsea avoid points deduction after self-reporting historic financial breaches
The club’s owners discovered payments made under Roman Abramovich’s stewardship to unlicensed agents to facilitate signings such as Eden Hazard.
The English club is convicted of illegal practices concerning the transfer of players between 2011 and 2018.
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