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Premier League to scrutinise offshore payments made by Chelsea during Roman Abramovich era.
The Premier League is set to conduct an investigation into payments made by Chelsea during Roman Abramovich’s ownership of the club.
As reported by The Times, the Premier League will scrutinize potential payments made by Chelsea to offshore entities while Roman Abramovich was at the helm of the club.
The investigation centers on a substantial sum, amounting to “millions of pounds,” and if any misconduct is uncovered, Chelsea could face severe penalties, including substantial fines and even point deductions.
This latest inquiry into Chelsea’s financial dealings arises at a time when the club has been making significant investments in new players. Since Abramovich’s departure from the club in May 2022, Chelsea has spent well over £600 million on player acquisitions, but they may still be held accountable for transactions conducted during his ownership.
Chelsea is slated to kick off their Premier League season on August 13 against Liverpool. Fans are not only looking forward to a strong start on the pitch but also hoping that this investigation does not result in unfavorable consequences for the club.