Audio By Carbonatix
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 were also handed 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 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."
The Premier League said Chelsea would not have breached its Profitability and Sustainability rules during the applicable seasons, even if the payments had been registered and it therefore did not deem a points deduction to be an appropriate punishment.
In 2023, the Blues were fined £8.6m by Uefa for "submitting incomplete financial information" for the period between 2012 and 2019.
A separate FA disciplinary process investigating alleged "use of and the making of payments to unregistered agents" is ongoing.
Chelsea won two Premier League titles, two FA Cups, one Champions League, one Europa League and one League Cup between the period of 2011-2018.
They employed six different permanent managers during the seven-year spell, though there is no suggestion that any head coach was part of the wrongdoing.
Latest Stories
-
Afenyo-Markin demands Interior Minister brief Parliament over security recruitment expansion
3 hours -
Felicia Boadu inspires gratitude with new song ‘Aseda’
3 hours -
Conflict of interest and the President’s use of a private jet: A constitutional perspective
3 hours -
Otto Addo names Black Stars squad for Austria and Germany friendlies
4 hours -
Rev. Stephen Wengam urges leaders to embrace ‘servant leadership’ to transform national institutions
4 hours -
Ghana Development Awards spotlight need for intentional socio-economic transformation
4 hours -
The Private Jet Debate: When generosity becomes an alleged “Scandal”
4 hours -
IGP Cyber Vetting arrests 20-year-old woman for false publication on social media
4 hours -
Overall government debt in sub-Saharan Africa stabilises but at high level – IMF
4 hours -
We will file an appeal against Freddie Blay’s remand – Lawyer
5 hours -
Tema crash: Safety record of microlight aircraft ‘very poor’ – Aviation expert
5 hours -
Only 5% of CHPS compound in Ghana are well tooled – Agotime Ziope MP
5 hours -
PwC Ghana , UGBS call on women to embrace collaboration and take up leadership roles
5 hours -
‘My mother cried out one last time’: Palestinian boy, 12, describes how Israeli forces killed his family in car
5 hours -
National Seed System Reset Programme launched at University of Ghana to boost 24-hour economy
5 hours
