""The club's ownership group completed its purchase of the club on May 30, 2022," the statement said. "During a thorough due diligence process prior to completion of the purchase, the ownership group became aware of potentially incomplete financial reporting concerning historical transactions and other potential breaches of FA rules. "Immediately upon the completion of the purchase, the club self-reported these matters to all relevant regulators, including the FA.""
"The FA said the charges primarily relate to the period between the 2010/11 and 2015/16 seasons. The Premier League club has until September 19 to respond. Get all the latest football news, highlights and analysis delivered straight to your inbox with Fox Sports Sportmail. Sign up now > Russian oligarch Roman Abramovich transformed Chelsea's fortunes after buying the west London club in 2003."
Chelsea were charged by the Football Association with 74 alleged breaches related to payments to agents between 2009 and 2022. The FA said the charges primarily concern the 2010/11 to 2015/16 seasons, and the club has until September 19 to respond. The ownership group completed its purchase on May 30, 2022, after a due diligence process identified potentially incomplete historical financial reporting and other possible FA-rule breaches. The club self-reported those matters to relevant regulators and pledged to continue cooperating with the FA. Chelsea previously paid €10 million to UEFA over incomplete financial reporting and anticipates a similar FA financial penalty.
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