The English FA have fined Chelsea £10 million ($13.41 million) after the club admitted to multiple historical breaches of regulations, the governing body confirmed on Friday.
The breaches were self-reported by Chelsea following its takeover by U.S. investor Todd Boehly and private equity firm Clearlake Capital in May 2022.
The Premier League club avoided a points deduction after successfully appealing part of the original punishment. However, Chelsea will face a suspended two-window registration ban through to June 30, 2027.
Chelsea point deduction set aside after appeal
After reviewing the case, an independent Regulatory Commission initially imposed a suspended six-point deduction, but that sanction was later set aside on appeal.
“Chelsea FC admitted to 74 breaches of FA Rule E1.2 prior to a hearing and an independent Regulatory Commission imposed a six-point deduction, which was to be suspended until 30 June 2027, and a £10 million fine,” the FA said in a statement.
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“The club appealed against the suspended points deduction and an independent Appeal Board allowed the appeal and set aside this sanction following a further hearing.”
Rule breaches included of regulations relating to third-party investments and on working with intermediaries, among others.
The £10 million fine was not subject to appeal, with the FA adding that the full amount will be directed towards grassroots football initiatives.
“In 2022, the club self-reported potential historical rule breaches to all applicable regulators,” Chelsea said in a statement.
“Following that report, it has worked openly and transparently with all regulators, including voluntarily and proactively disclosing many thousands of documents.”
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The latest sanction follows other financial penalties imposed on Chelsea for historical regulatory violations.
In March, the club was fined a record £10.75 million for breaches of the Premier League regulations.
Chelsea were also handed a one-year first-team transfer ban, suspended for two years, along with an immediate nine-month ban on academy player transfers.
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