Close Menu
Mp3BulletMp3Bullet
    Facebook X (Twitter) Instagram
    • Editorial
    • Celeb News
    • Lyrics
    • DJs
    • Mp3bullet TBT!!!
    • Music
    • Videos
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Mp3BulletMp3Bullet
    • Home
    • Editorial
    • Celebrity News
    • Music
      • Naija
      • Videos
      • DJs
      • Ghana Songs
      • Gospel Songs
      • East Africa Songs
      • South Africa
    • Lyrics
    • Sport
    Subscribe
    Mp3BulletMp3Bullet
    Home » Chelsea fined €10m by UEFA for FFP breaches in Roman Abramovich era
    Sport

    Chelsea fined €10m by UEFA for FFP breaches in Roman Abramovich era

    Emma TeeBy Emma TeeJuly 28, 2023No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email
    • Chelsea pay hefty UEFA settlement after incomplete financial reporting in Roman Abramovich era.

    Chelsea fined €10m by UEFA for FFP breaches in Roman Abramovich era
    Chelsea fined €10m by UEFA for FFP breaches in Roman Abramovich era

    UEFA has fined Chelsea €10 million (£8.6 million, $11 million) for prior violations of the Financial Fair Play (FFP) rules.

    The Premier League team provided incomplete financial data on transactions that happened between 2012 and 2019 when it was still under Roman Abramovich’s ownership.

    According to UEFA, Chelsea’s new owners, a group led by Clearlake Capital and Todd Boehly, who took over the club in May 2022, made the organization aware of previous instances of inaccurate financial reporting.

    Chelsea won’t face any more athletic penalties as a result of the €10 million fine. The West London team, which placed 12th in the Premier League in 2022–23, will not be participating in any European competitions for the upcoming season.

    The Club Financial Control Body (CFCB), an independent panel inside UEFA that has investigative and adjudicatory arms and is responsible for enforcing FFP and making sure the rules are implemented, oversaw the case.

    A UEFA statement read: “With respect to Chelsea FC the CFCB First Chamber concluded that the club breached the UEFA Club Licensing and Financial Fair Play regulations as a result of submitting incomplete financial information.

    “Following the club’s sale in May 2022, the new ownership identified, and proactively reported to UEFA, instances of potentially incomplete financial reporting under the club’s previous ownership. The reported matters related to historical transactions which took place between 2012 and 2019.

    “Following its assessment, including the applicable statute of limitations, the CFCB First Chamber entered into a settlement agreement with the club which has agreed to pay a financial contribution of €10million to fully resolve the reported matters.”

     

    Stay Updated with MP3BULLET via X and Facebook.
    chelsea Premier League Roman Abramovich Todd Boehly UEFA
    Latest Stories

    Seun Kuti expresses thoughts over reactions to late Pres. Buhari’s death

    July 16, 2025

    Small Doctor shares his experience after renting ‘badluck house’

    July 16, 2025

    Shallipopi to release “LAHO III” remix, reveals the featured artist

    July 16, 2025

    Portable Stirs Controversy Again with Tinubu and Buhari Remarks

    July 16, 2025
    About
    About

    Mp3bullet is your #1 source for the latest Nigerian and African music updates. We deliver fresh news, exclusive artist interviews, in-depth reviews, and top tracks from the Afrobeats scene. Our mission is to keep you connected with the heart of African music, offering engaging content and detailed coverage every day.

    Facebook X (Twitter) Instagram WhatsApp
    Sport

    Luka Modrić Joins AC Milan After Glittering Real Madrid Career

    July 14, 2025

    Arsenal Close to Sealing Deal for Valencia Starlet Cristhian Mosquera

    July 14, 2025

    FIFA Officially Names Chelsea Inaugural Club World Cup Winners

    July 14, 2025

    2025 FIFA Club World Cup halftime show: Watch the full performance

    July 14, 2025
    Lyrics

    ‘Captain’ Lyrics by BNXN

    July 4, 2025

    “Intentions” Lyrics by Fave

    July 4, 2025

    “Happy Day” Lyrics by Zlatan

    July 4, 2025

    ‘Yes Sir’ Lyrics by BNXN

    July 4, 2025
    Facebook X (Twitter) Instagram Pinterest
    • About Us
    • Contact Us
    • Advertise
    • Privacy Policy
    • Terms of Use
    © 2025 Mp3bullet Media

    Type above and press Enter to search. Press Esc to cancel.