Chelsea Fined £10.75 Million and Given Suspended Transfer Ban by Premier League

Chelsea Football Club has been fined £10.75 million (approximately $14.3 million) and given a suspended one-year transfer ban by the Premier League for breaching financial rules related to undisclosed third-party payments between 2011 and 2018. The club also faces an immediate nine-month ban on registering academy players. These sanctions followed Chelsea's voluntary self-reporting after the 2022 takeover by Todd Boehly's consortium. The Premier League noted Chelsea's cooperation and found no breach of profitability rules even if payments had been declared.