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Chelsea fined for £47m secret payments but avoid points deduction

Chelsea fined for £47m secret payments but avoid points deduction

Summary

Chelsea Football Club has been fined £10m by the Premier League for making £47m in secret payments related to player transfers from 2011 to 2018. The club avoided losing any points because they reported the issue themselves. Chelsea also faces a nine-month ban on signing academy players.

Key Facts

  • Chelsea was fined £10m for secret payments linked to transfers between 2011 and 2018.
  • The fine is the largest the Premier League has ever imposed.
  • Chelsea received a suspended one-year ban on signing players, which means it will not be enforced unless further violations occur.
  • A nine-month ban was placed on signing academy players, along with a £750,000 fine.
  • The Premier League reduced the fine from £20m to £10m because Chelsea reported the violations themselves.
  • Payments were linked to named players like Eden Hazard, Samuel Eto'o, and others.
  • The club admits the breaches happened during Roman Abramovich's ownership.
  • Chelsea cooperated fully with the investigation.

Source Information