Chelsea FC has entered into a settlement agreement with UEFA concerning a break even deficit reported by the Club under UEFA’s Financial Sustainability Regulations covering the financial years 2022/2023 and 2023/2024. The Club has also agreed to pay a fine as a result of the Club’s squad cost ratio in the 2024 reporting year being between 80% and 90%.
The club has worked closely and transparently with UEFA to provide a full and detailed breakdown of its financial reporting, which indicates that the financial performance of the Club is on a strong upwards trajectory. Chelsea FC greatly values its relationship with UEFA and considered it important to bring this matter to a swift conclusion by entering into a settlement agreement.
Further details on the settlement agreement entered into by Chelsea FC are available [HERE](https://www.uefa.com/news-media/news/029b-1e280e8c0d89-0a2f9801ea14-1000--cfcb-first-chamber-finalises-the-assessment-of-the-financial/).