74 charges against Chelsea over alleged violations of agent rules
- Get link
- X
- Other Apps
The Football Association has charged Chelsea with 74 alleged breaches of rules regarding payments to agents that occurred between 2009 and 2022.
The FA indicated that the charges mainly involve the timeframe spanning the 2010/11 to 2015/16 seasons. Chelsea has until September 19 to respond to the charges.
Roman Abramovich significantly changed Chelsea’s circumstances after acquiring the club in west London in 2003.
He sold the club in May 2022 to a consortium that includes American investor Todd Boehly and private equity firm Clearlake Capital.
Chelsea released a statement confirming that its discussions with the FA regarding issues that the club had self-reported are nearing resolution.
The statement noted that the ownership group completed the purchase of the club on May 30, 2022. “During a thorough due diligence process prior to completion of the purchase, the ownership group became aware of potentially incomplete financial reporting regarding historical transactions and other potential breaches of FA rules.
“Immediately after the purchase was finalized, the club self-reported these matters to all relevant regulators, including the FA,” the statement continued. Chelsea asserted that they have shown significant transparency and will continue to collaborate with the FA.
In July 2023, Chelsea reached a settlement with UEFA, agreeing to pay 10 million euros ($11.7 million, £8.6 million) after acknowledging “incomplete financial reporting” during the Abramovich era. UEFA noted it had been “proactively” approached with this information by Chelsea’s new ownership group.
Abramovich faced sanctions from the British government in March 2022 following the invasion of Ukraine.
He has been characterized by ministers as part of Russian President Vladimir Putin’s inner circle, although he has denied having financial connections to the Kremlin.
In June, the British government threatened legal action against the former Chelsea owner concerning the £2.5 billion that has been frozen from the sale of the club.
Ministers aim to allocate these funds for humanitarian purposes in Ukraine, while Abramovich contends they should be distributed to all victims of the conflict, including those in Russia.
- Get link
- X
- Other Apps
Comments
Post a Comment