Chelsea fined $13.5m for FA breaches, avoid Premier League points deduction
Summary
Chelsea football club has been fined £10 million ($13.41 million) by the English Football Association (FA) for breaking rules before they were taken over by new owners in May 2022. The club avoided losing Premier League points after appealing, but they face a suspended ban on signing new players until June 2027.Key Facts
- Chelsea admitted to 74 rule breaches related to third-party investments and working with agents.
- The FA initially gave Chelsea a six-point league deduction, which was suspended until June 2027.
- Chelsea successfully appealed and had the point deduction removed.
- Chelsea must pay a £10 million ($13.41 million) fine, which cannot be appealed.
- The fine money will go toward supporting grassroots football programs.
- The rule violations happened before Todd Boehly and Clearlake Capital took over the club in May 2022.
- Chelsea self-reported these breaches and cooperated fully with the FA and other regulators.
- Earlier in 2023, Chelsea was fined £10.75 million ($14.4 million) for other past Premier League rule breaches.
- Chelsea faces a suspended one-year ban on first-team player transfers and a nine-month ban on academy player transfers.
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