Chelsea pay Uefa €10m as ‘incomplete financial reporting’ sanction

Penalty relates to period under ownership of AbramovichUefa has also banned Juventus from playing in Europe next term

Chelsea have agreed a resolution with Uefa that will see them pay €10m (£8.57m) to European football’s governing body as a sanction for “incomplete financial reporting” under the ownership of Roman Abramovich.

The club’s new ownership group, led by Todd Boehly and Clearlake Capital, completed their takeover in May last year from Abramovich, who was sanctioned over his links to Russia president, Vladimir Putin. Uefa confirmed it was approached “proactively” by the Boehly-led consortium. They detected instances of partial financial information being submitted in historical transactions occurring between 2012 and 2019, breaching Uefa Club Licensing and Financial Fair Play regulations.

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