Chelsea anticipates charges related to profit and sustainability due to actions taken during Roman Abramovich’s tenure, as per Football Insider sources.
On the most recent episode of Football Insider’s Inside Track podcast, Pete O’Rourke, the transfer correspondent, mentioned that the club is bracing for disciplinary action “sooner rather than later”.
The Premier League is examining Chelsea for possible financial missteps over Abramovich’s two-decade ownership.
It’s reported that the new owners, Todd Boehly and Behdad Eghbali, have withheld £150 million from their payment for the club to allocate towards any fines arising from financial discrepancies during Abramovich’s time.
Additionally, Chelsea faced a £8.6 million penalty from UEFA for violations of Financial Fair Play regulations in July of the previous year.
Following the acquisition by the Boehly-led group BlueCo, Chelsea announced they discovered “became aware of potentially incomplete financial reporting concerning historical transactions during the club’s previous ownership”.
Since Boehly’s takeover, the club’s substantial investments in player acquisitions, reportedly surpassing £1 billion, have come under scrutiny.
With financial challenges mounting, Chelsea is poised to offload several key players this summer. Football Insider disclosed on March 6th that the club aims to divest up to four major players by July to comply with Profit and Sustainability rules.
Currently 11th in the Premier League standings, Chelsea recently secured a spot in the FA Cup semi-finals with a 4-2 victory over Leicester City on March 17th.