Chelsea facing FA and Premier League probe for possible FFP breaches
Briefly

The governing bodies are examining secret payments made by companies belonging to Chelsea's former owner Roman Abramovich. The payments, details of which were revealed by the Guardian and international partners this week, appear to have benefited the club without being declared in annual accounts.
FFP has become a shorthand used to describe more than one set of regulations but its origins are in a 2009 review by European football's governing body. Uefa was concerned at the number of clubs spending more than they were earning, in desperate pursuit of success, and racking up unsustainable debts that threatened their survival.
With the number of wealthy owners pouring cash into the English game rising over time, other clubs including Everton and Manchester City are also under scrutiny. But what rules might have been broken, how will the investigation work and will any top football club ever be punished for flouting FFP?
Read at www.theguardian.com
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