Chelsea hit with multi-million fine over financial irregularities | OneFootball

Chelsea has been fined 10 million pounds sterling (R$ 69.5 million at the current exchange rate) due to undeclared payments to players and unofficial agents during the era of former owner Roman Abramovich, the Premier League announced this Monday.

The London club had voluntarily disclosed the facts at the time it was purchased by American businessman Todd Boehly in 2022, a factor that the English league took into consideration.

The investigation established that, “between 2011 and 2018, undeclared payments were made by third parties linked to the club to players, unregistered agents, and other third parties,” the Premier League wrote in a statement.

“These payments were made for the benefit of Chelsea and should have been considered as made by the club,” the note adds.

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Sporting sanction remains suspended

The agreement announced this Monday between the two parties also includes a one-year ban on signing players for the first team, a punishment that remains suspended for the next two years.

The Premier League Board took into account “the fact that the club itself took the initiative to report the facts, acknowledged the violations, and demonstrated exceptional cooperation throughout the investigation.”

Another case involves youth categories

In another case, which also dates back to the Abramovich era, Chelsea must pay a fine of 750,000 pounds (R$ 5.2 million) and is prohibited, for nine months, from registering in its youth categories players from other Premier League clubs or lower divisions.

In this case, the club also revealed “violations of training regulations” for players, according to the Premier League, committed by a former employee between 2019 and 2022.

*Content produced by AFP

This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.