Chelsea handed huge Uefa fine for FFP breaches and ‘potentially incomplete financial reporting’ under Abramovich ...Middle East

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Chelsea handed huge Uefa fine for FFP breaches and ‘potentially incomplete financial reporting’ under Abramovich
CHELSEA have been hit with £8.6m fine for Financial Fair Play breaches stretching back to the Roman Abramovich era. A UEFA probe into the club’s finances was opened after the Stamford Bridge outfit’s new owners, led by Todd Boehly, reported the issues last summer. In a statement, UEFA said: “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.” While the precise nature of the infractions is not clear it is understood that a number of relativel

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