Chelsea ‘facing points deduction’ after investigation into Abramovich era

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    Chelsea are reportedly facing a points deduction following an investigation by the Premier League into payments made to secret off-shore companies.

    New Blues owner Todd Boehly alerted the FA, Premier League and UEFA after uncovering a series of irregular transactions during the takeover process in the summer of 2022.

    The potential rule breaches are said to have taken place between 2012 and 2019, when Roman Abramovich owned the west London club.

    But The Times reports Chelsea could still receive harsh punishments in the form of fines and a points deduction despite now being owned by the Boehly-led and Clearlake Capital-backed consortium.

    READ MORE: Chelsea offered £40m shirt sponsorship deal by adult website who mock up new kit

    The outlet states sources with knowledge of the case have said payments to approximately six offshore companies have been identified.

    The payments, which run into the millions, are believed to have been linked to the transfer of players who do not appear to have been registered as part of the club’s annual financial reporting to the FA, Premier League and UEFA.

    In addition, some of the offshore companies in question have been traced to football agents and intermediaries. Some are believed to be linked with Russia while it remains unclear who is behind the others.

    It comes after UEFA – European football's governing body – announced on July 28 that they had fined Chelsea €10m (£8.6m) for "submitting incomplete financial information" between 2012 and 2019.

    Abramovich completed his takeover of Chelsea in 2003 for £140m. The Russian billionaire's investment led the club to five Premier League titles, five FA Cups, three League Cups, two Champions Leagues, two Europa Leagues, two Community Shields and one UEFA Super Cup.

    • Premier League
    • Chelsea FC
    • Todd Boehly
    • Roman Abramovich

    Source: Read Full Article