"As these events occurred before BlueCo arrived, they self-reported their findings to the relevant bodies, and are believed to have withheld 100m from the purchase of the club to account for any potential ramifications. The Blues have already reached a settlement with UEFA, handing over 8.6m as part of that agreement, with a Premier League investigation into the alleged breaches still ongoing."
"While combing through historical files in 2022 to complete vital checks ahead of their purchase, the new owners, known as BlueCo, discovered payments linked to transfers paid to the likes of agents and third parties that had not been reported as required to the FA, the Premier League and UEFA. According to Sky Sports News, it's thought the bulk of the charges relate to events between the 2010/11 and 2015/16 campaigns, with Chelsea's dealings for the likes of Eden Hazard, Samuel Eto'o and Willian thought to be involved."
The Football Association has charged Chelsea with 74 alleged financial breaches covering 2009 to 2022 during Roman Abramovich’s ownership. The club was sold in 2022 amid a UK government clampdown on Russian-controlled assets to Todd Boehly and Clearlake Capital. New owners BlueCo discovered unreported payments related to transfers while completing due diligence and self-reported those findings. Transfers involving Eden Hazard, Samuel Eto'o and Willian are thought to be involved. BlueCo withheld £100m from the purchase to cover potential ramifications. Chelsea settled with UEFA for £8.6m and faces ongoing Premier League and FA investigations with a response deadline of September 19.
Read at www.fourfourtwo.com
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