Chelsea FC has been fined £10.75 million ($14.27 million) and handed a suspended one-year transfer ban for historical breaches of Premier League regulations, the league confirmed on Monday.
In addition, the club has been subjected to an immediate nine-month academy transfer ban, restricting player movements within its youth setup, the Premier League stated.
The sanctions stem from information provided to the league by the consortium led by American businessman Todd Boehly following their acquisition of Chelsea from Russian billionaire Roman Abramovich in 2022.
The Premier League did not disclose the exact nature of the historical rule breaches but confirmed that the penalties were imposed after a thorough review of the takeover-related disclosures.
Chelsea, one of England’s most decorated clubs, now faces restrictions on its ability to recruit players both at senior and academy levels, though the suspended first-team transfer ban will only be enforced if further breaches occur.
