Report: Chelsea under investigation for alleged financial breaches
The Premier League is reportedly investigating Chelsea for breaching financial regulations between 2012 and 2019.
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Chelsea could face punishment for breaching the Premier League's financial regulations during Roman Abramovich's ownership. </p>
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It has been reported current owners Todd Boehly and the Clearlake Capital Consortium, who took over last summer after Abramovich was forced to sell following sanctions as a result of Russia's invasion of Ukraine, flagged the potential issue to the Premier League and Football Association themselves. </p>
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UEFA announced last month it had been approached "proactively" by the club, who agreed to pay 10million euros (£8.57million) to Europe's governing body after owning up to "incomplete financial reporting" between 2012 and 2019. </p>
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Chelsea said in a statement at the time their new owners became aware of potential impropriety when carrying out a "thorough due diligence process" prior to the purchase. </p>
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According to reports, no charges have yet been brought by the Premier League but, even though the allegations relate to a previous ownership, possible sanctions could include a fine or points deduction if the club are found guilty of any wrongdoing. </p>
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<p>The article <a href="https://www.planetsport.com/soccer/news/report-chelsea-investigation-alleged-financial-breaches">Report: Chelsea under investigation for alleged financial breaches </a> appeared first on Planetsport.com.</p>