Highlights: Kuvaratschelia’s late wonder goal puts PSG in control of Chelsea, Blues self-destruct
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“Two sanctions agreements have been approved by an independent panel, with Chelsea FC accepting a total fine of £10.75m for breaches of Premier League regulations regarding financial reporting, third party investment and youth development.
“The club has been sanctioned by the Premier League with an immediate nine-month academy transfer ban and a one-year suspension for first-team players (two-year suspension).”
The charges relate to transfers between 2011 and 2018, including the signings of Eden Hazard, Samuel Eto’o, Willian, Ramirez, David Luiz, Andre Schurrle and Nemanja Matic.
The Premier League added: “These payments were not disclosed to the football regulators 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 club also admitted, among other things, that by making these payments and failing to disclose them to the league, it breached its requirement to act in good faith toward the league.”
Chelsea accepted the self-reported accusations after Todd Boley’s consortium bought the club in 2022.
“From the outset of this process, the club has treated these matters with the utmost seriousness and has co-operated fully with all relevant regulatory authorities,” the club said in a statement.
“The club welcomes the ‘extraordinary co-operation’ from the Premier League and the recognition that ‘without these voluntary disclosures and self-reports, many of the Premier League’s breaches of regulations may never have come to the league’s attention.’
Chelsea were fined £10m by UEFA in 2023 for self-reporting past transactions between 2012 and 2019.
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