Chelsea Football club and 4 others has been fined by UEFA for breaking Financial Fair Play (FFP) rules and regulations for the previous season.
UEFA fined Chelsea £27 million for breach of the European football governing body’s financial sustainability rules for the financial years ending in 2023 and 2024. The violations relate to stricter UEFA regulations, which are more rigorous than the Premier League’s own Profit and Sustainability Rules, under which Chelsea were not considered in breach.
The Club Financial Control Body (CFCB) highlighted concerns surrounding transactions involving player swaps, asset sales (both tangible and intangible), and transfers between related parties when assessing Chelsea’s compliance with the Football Earnings Rule.
Aston Villa were also penalised by receiving a £9.5 million fine. Villa’s punishment is split into two: £4.3 million for exceeding permitted financial losses and £5.2 million for breaching UEFA’s squad cost regulations.
According to the Mirror UK, the club avoided more severe sanctions after transferring ownership of their women’s team to a related company a tactic previously used by Chelsea.
This type of transaction has since come under scrutiny, with Premier League clubs recently voting to prevent such moves in the future. UEFA also took actions against other European clubs which include Barcelona, Lyon, and Roma for similar financial rule violations.
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