Chelsea are negotiating a financial settlement with the Premier League related to secret payments made during Abramovich’s ownership, after discovering irregularities during their takeover in 2022.
Sources indicate that Chelsea’s self-reporting is expected to protect the club from sporting sanctions, such as points deductions, despite the serious nature of the alleged financial irregularities.
Following a thorough due diligence process, Chelsea’s owners reported these irregularities to the necessary authorities, ensuring that the issue came to light, which is crucial for their case.
Chelsea’s previous settlement with UEFA for €8.6 million in July 2023 sets a precedent, and it's anticipated that any arrangement with the Premier League will not be interpreted as punitive.
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