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CHELSEA HIT WITH RECORD $15M FINE AND TRANSFER BAN
30 articles |
Updated 5h ago |
Created 8h ago
Chelsea FC has been fined approximately £14.3 million ($17m) and received a suspended one-year transfer ban after the Premier League found them guilty of breaching financial regulations through undisclosed payments made between January 6, 2015 (source A), or historically from 2011 to August/December 2018 depending on specific reports.
Key Points
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1Chelsea FC has been fined approximately £10.75 million ($14-13 crore depending on currency conversion and source reporting).
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2The club received a suspended one-year transfer ban for breaching financial regulations between 2011 and 2018.
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3Undisclosed payments made by third parties led to the penalty, though Chelsea avoided having points deducted from their record.
Developments
[Mar 16]
Premier League announced penalties for historical rule breaches; exact time of announcement varies slightly across sources but all cite March 20th, though the text implies a recent Monday.