Chelsea fined over £47m worth of secret payments
Chelsea have been handed a £10.75m fine after breaching Premier League rules over financial reporting, third-party investment and youth development.
Chelsea self-reported the breaches [Getty Images] Chelsea have been fined £10m and handed a suspended transfer ban after admitting making £47m in secret payments to unregistered agents and third-parties over transfers between 2011 and 2018. The club also received an immediate nine-month academy transfer ban and a £750,000 fine over the registration of academy players between 2019 and 2022. The Premier League's report named a number of transfers related to the unregistered payments, including those of Eden Hazard, Samuel Eto'o, Willian, Ramires, David Luiz, Andre Schurrle and Nemanja Matic.
The club accepted the historical charges, which occurred under Roman Abramovich's ownership. The Premier League said "undisclosed payments by third parties associated with the club were made to players, unregistered agents and other third parties" for the "benefit or Chelsea". Chelsea self-reported the potential breaches after Todd Boehly's consortium acquired the club in 2022.
The club said: "From the outset of this process, the club has treated these matters with the utmost seriousness, providing full cooperation to all relevant regulators. " More to follow. Latest Chelsea news, analysis and fan views Ask about Chelsea - what do you want to know?