DAILY POST
UEFA has fined Chelsea €10 million (£8.5m) for Financial Fair Play (FFP) breaches.
The breaches arose when Roman Abramovich was still the owner of the Premier League club.
The Blues admit they provided incomplete financial information to the game’s European governing body.
The club’s new owners, led by Todd Boehly, noticed the breaches and quickly informed UEFA.
“Following its assessment, including the applicable statute of limitations, the CFCB First Chamber entered into a settlement agreement with the club, which has agreed to pay a financial contribution of €10 million to fully resolve the reported matters,” UEFA’s statement said in part.
However, Juventus have been banned from European competition for the 2023–2024 campaign and will also pay a €20 million (£17m) settlement.
The statement added: “The CFCB First Chamber concluded that Juventus (ITA) violated the UEFA’s regulatory framework and breached the settlement agreement signed in August 2022.
