August 10 – The Premier League is investigating potential monetary rule breaches at Chelsea beneath the regime of earlier proprietor Roman Abramovich.

Chelsea’s new homeowners reported their very own membership to UEFA and the Premier League after their takeover final summer time.

At current, Chelsea haven’t been charged by the Premier League. In the event that they have been discovered responsible of rule breaches, sanctions might embrace a effective or a factors deduction.

On July 28, UEFA introduced they’d fined Chelsea €10 million for “submitting incomplete monetary info” between 2012 and 2019.

Earlier than Abramovich took over Chelsea in 2003 for £140 million, the membership had gained only one First Division title in 1955, the 1971 UEFA Cup Winners’ Cup and three FA Cups between 1970 and 2000. However the Russian billionaire’s funding resulted in 5 Premier League titles, 5 FA Cups and  two Champions League trophies.

Abramovich offered the membership final yr to an funding group led by American businessman Todd Boehly and Clearlake Capital after the Russian oligarch’s property in Britain have been frozen by the UK authorities following his nation’s invasion of Ukraine

“We’ve been fairly open concerning the historic points with regard to Chelsea as a result of they self-reported to the Premier League and to the FA so it’s apparent we’re trying into that,” Premier League CEO Richard Masters advised The Instances.

“If the Premier League believes a membership has breached the monetary rules and there’s a case to reply, that case will probably be put to the membership.”

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