Chelsea fined 10.75 million pounds, given suspended transfer ban, after Premier League rule breaches

LONDON, March 16 : Chelsea have been fined a record total of 10.75 million pounds ($14.3 million) for historical breaches of the Premier League's regulations, the league said on Monday.

The club have also been hit with a one-year first-team transfer ban, suspended for two years, as well as an immediate nine-month academy transfer ban.

In a statement, the Premier League said Chelsea's current owners voluntarily reported in 2022 that they had evidence of a potential breach of the rules relating to third-party payments and financial reporting. It said the club also reported a potential breach of Academy rules in 2025.

"The Premier League has concluded two separate disciplinary processes involving Chelsea Football Club, following the club voluntarily self-reporting potential historical breaches of rules," the league said.

Following an investigation, the Premier League said it had established that between 2011 and 2018, undisclosed illicit payments by third parties associated with Chelsea were made to players, unregistered agents and other third parties.

"These payments were not disclosed to the football regulatory authorities at the time, including the Premier League. The payments were made for the benefit of Chelsea FC and should have been treated as having been made by the club," the Premier League said. 

"The club has also accepted, among other things, that the making of these payments, as well as the failure to disclose them to the League, constituted a breach of the requirement to act in good faith towards the League."

ABRAMOVICH SOLD CLUB IN 2022

During the time period, the London club were still owned by Russian billionaire Roman Abramovich. He sold the club in 2022, following Russia's invasion of Ukraine, with a consortium