Chelsea have been fined £10m by the Premier League (Picture: Getty)
Chelsea have been handed a suspended transfer ban and fined £10.75m for breaching Premier League financial rules while Roman Abramovich was the club’s owner.
The one-year transfer ban, which is suspended for two years, is over illicit payments to agents and other individuals.
The Premier League has been investigating secret payments that were made by Chelsea between 2011 and 2018.
Chelsea self-reported the irregularities to the Premier League, FA and UEFA after they came to light during the due diligence process when Todd Boehly and Clearlake Capital’s BlueCo consortium bought the club in 2022.
According to Sky Sports, the transfers investigated include deals for Eden Hazard, Samuel Eto’o and Andreas Christensen.
A Chelsea statement read: ‘From the outset of this process, the club has treated these matters with the utmost seriousness, providing full cooperation to all relevant regulators.
Roman Abramovich owned Chelsea from 2003 to 2022 (Picture: Getty)
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‘The club welcomes the recognition from the Premier League of its “exceptional cooperation” and that ‘without those voluntary disclosures and the act of self-reporting, a number of the Premier League rule breaches may never have come to the attention of the league”.’
More to follow…
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