Chelsea investigated by Premier League for potential financial rule breaches during Abramovich era

August 08, 2023

Chelsea FC are being investigated by the Premier League for potential financial rule breaches during Roman Abramovich's ownership of the club.

The US-led consortium which now owns Chelsea reported its own club to UEFA and the Premier League after their takeover last summer.

At present, Chelsea has not been charged with anything by the Premier League.

If they were found guilty of rule breaches, sanctions could include a fine or a points deduction.

On 28 July, UEFA announced they had fined Chelsea €10m (£8.6m) for "submitting incomplete financial information" between 2012 and 2019.

Chelsea is not commenting.

Read more:
Man City charged over several alleged breaches of financial rules

Abramovich's 19-year tenure as Chelsea owner came to an end in May 2022.

He had been sanctioned by the UK government months earlier following Russia's invasion of Ukraine - with Downing Street saying he had proven links to President Vladimir Putin.

Chelsea was sold in a £4.25bn deal to a group majority-funded by Clearlake Capital, a Californian investment firm, and spearheaded by the LA Dodgers part-owner Todd Boehly.

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