JUST IN: CHELSEA FINED £10.75M, FACE TRANSFER BANS OVER PREMIER LEAGUE RULE BREACHES
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Agency Report
Chelsea Football Club has been fined £10.75 million ($14.27 million) and handed a suspended one-year transfer ban for historical breaches of Premier League rules, the league announced on Monday.
In addition, the London-based club has received an immediate nine-month academy transfer ban.
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The sanctions stem from information provided to the Premier League by the consortium led by American businessman Todd Boehly following their takeover of Chelsea from Russian billionaire Roman Abramovich in 2022.
The Premier League confirmed that the penalties were imposed after an investigation into regulatory breaches that occurred prior to and during the club’s ownership transition.
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