"Chelsea FC is pleased to confirm that its engagement with the FA concerning matters that were self-reported by the club is now reaching a conclusion. The club's ownership group completed its purchase of the club on 30 May 2022. 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."
"In August 2023, Premier League chief executive Richard Masters said his organisation was investigating historic financial issues that Chelsea had self-reported to the Premier League and to the FA. The previous month, Chelsea agreed a resolution with European football's governing body to hand over 8.57m after owning up to incomplete financial reporting under the Abramovich regime. Uefa said it had been proactively approached with the information by Chelsea's new ownership group."
The Football Association has charged Chelsea with 74 alleged breaches of agent regulations covering 2009 to 2022, mainly relating to the 2010–11 through 2015–16 seasons. The club has until 19 September to respond to the charges. Chelsea's new ownership completed the takeover on 30 May 2022 and discovered potentially incomplete historical financial reporting during due diligence. The club self-reported these matters to all relevant regulators and granted comprehensive access to historic files. The Premier League and UEFA have been engaged, with Chelsea resolving a related UEFA matter by handing over 8.57m.
Read at www.theguardian.com
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