Chelsea F.C. have been fined £10.75 million ($14.27 million) by the Premier League and handed a suspended one-year transfer ban over historical rule 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 case stems from information disclosed by the consortium led by American businessman Todd Boehly after completing the club’s takeover from former owner Roman Abramovich in 2022.
Investigations found that between 2011 and 2018, third parties associated with Chelsea made undisclosed payments to players, unregistered agents and other individuals.
Despite the findings, the league said that even if the payments had been properly declared in the club’s historical financial submissions, Chelsea would not have breached the league’s profitability and sustainability rules (PSR).
Officials also cited the club’s “proactive self-reporting, admissions of breach and exceptional co-operation” as mitigating factors in determining the sanctions.
In a related development, The Football Association has charged Chelsea with 74 alleged breaches of its rules in connection with the same disclosures made by the club’s new ownership.
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