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- The Blues have been handed a suspended one-year ban from signing first-team players and given a £10 million fine by the Premier League.
- Ban is related to breaches of financial rules during Roman Abramovich’s time as owner of the London-based club.
- Chelsea have also been banned from registering academy players for a period of nine months.
Chelsea FFP Breach: Why the Club Got Fined and What Could Happen Next?
Summary
More bad news is in order for Chelsea FC fans after their UEFA Champions League and Premier League losses to PSG and Newcastle, respectively. The Blues have reportedly been handed a suspended one-year ban from signing first-team players and given a £10 million fine by the EPL.
According to The Athletic, the reported ban is related to Chelsea FFP breaches. The reported breaches happened during Russian oligarch Roman Abramovich's time as Chelsea owner between 2003 and 2022. The Chelsea transfer ban, however, is suspended for over two years.
The Chelsea Premier League breach will not stop the club from registering senior players if they do not commit any further breaches. The Chelsea transfer ban will have no sporting sanction, such as a points deduction.
More to follow on this news…
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Frequently Asked Questions
When was Roman Abramovich owner of Chelsea FC?
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When was Roman Abramovich owner of Chelsea FC?
Roman Abramovich was the owner of Chelsea FC from 2003 to 2022, and led the club to 21 major honours.
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Edited by- Ankit Kunwar
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