:focal(251x175.5:261x165.5):watermark(cloudfront-eu-central-1.images.arcpublishing.com/ipmgroup/6LJWAO74QZHR7KW5AX2LGSOHQQ.png,0,-0,0,100)/cloudfront-eu-central-1.images.arcpublishing.com/ipmgroup/P6RALN32ZZHEPD2CMHCCX4DFEU.jpg "Chelsea Football Club Resolves UEFA Licensing Breach Investigation with Settlement Agreement")
The Trial Chamber of the Club Financial Control Body (CFCB), chaired by Sunil Gulati, had opened an investigation against the English club for potential breaches of the UEFA Licensing Regulations to clubs and financial fair play.
“Following the sale of the club in May 2022, the new owner has identified, and proactively reported to UEFA, instances of potentially incomplete financial ‘reporting’ under the club’s previous management,” UEFA explained in a statement. a statement. “The points raised relate to old transactions that took place between 2012 and 2019.” Chelsea was bought in May 2022 by a consortium led by Todd Boehly.
“After evaluating and considering a possible statute of limitations”, the CFCB Trial Chamber and the club reached a “settlement agreement”. The club will make a “financial contribution of 10 million euros in order to fully resolve the issues raised”, explained UEFA.
2023-07-28 21:04:07
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