Chelsea v Bournemouth - Premier League
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, relates to 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.
The Premier League giants admitted making £47m in secret payments to unregistered agents and third-parties over transfers.
A number of specific transfers were named in the Premier League’s report, including the deals for Eden Hazard, Samuel Eto’o and David Luiz.
As well as receiving a suspended transfer ban, Chelsea were also hit with an immediate nine-month academy transfer ban relating to the registration of youth players between 2019 and 2022.
Your football fix
Metro's Head of Sport James Goldman delivers punchy analysis, transfer talk and his take on the week's biggest stories direct to your inbox every week.
Sign up here, it's an open goal.
Chelsea v Sunderland - Premier League
Roman Abramovich owned Chelsea from 2003 to 2022 (Picture: Getty)
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.
‘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…
MORE: £130million Champions League star told to snub Arsenal and join Chelsea
MORE: Chelsea ‘knock on door’ of £26m Bayern Munich star to discuss summer transfer
MORE: Michael Owen makes brave Man City vs Arsenal prediction – ‘It’s not going to happen!’
Football Newsletter – In The Mixer
Punchy analysis, transfer talk and more from Metro's football experts, sent straight to your inbox every week.