Chelsea F.C. have been fined £10.75 million ($14.27 million) and handed a suspended one-year transfer ban by the Premier League over historical breaches linked to undisclosed payments.
The league announced the sanctions on Monday, also imposing an immediate nine-month academy transfer ban on the west London club.
According to the Premier League, the violations came to light after the consortium led by American businessman Todd Boehly disclosed the information following its 2022 takeover of Chelsea from Russian billionaire Roman Abramovich.
Investigators found that between 2011 and 2018, third parties associated with the club made undisclosed payments to players, unregistered agents and other individuals.
However, the league said that even if the payments had been properly included in Chelsea’s financial submissions at the time, the club would not have breached the competition’s profitability and sustainability rules (PSR).
League officials also cited the club’s “proactive self-reporting, admissions of breach and exceptional co-operation” as key factors in determining the level of sanctions.
In a related move, The Football Association has charged Chelsea with 74 alleged breaches of its rules, also linked to the disclosures made by the club’s new ownership.
