The Premier League is currently looking into Chelsea over possible violations of financial regulations during the time Roman Abramovich owned the team.
Interestingly, after taking over the club last summer, Chelsea’s new ownership flagged these concerns to both UEFA and the Premier League about their own club.
Currently, Chelsea hasn’t faced any charges from the Premier League. However, if they were to be found in violation of the rules, the repercussions could range from a fine to even a deduction in points.
UEFA revealed on July 28 that Chelsea received a fine of €10m (£8.6m) for not providing complete financial details between 2012 and 2019.
Abramovich Era, What did Chelsea Win?
Since Roman Abramovich’s £140m acquisition of Chelsea in 2003, the club’s fortunes have dramatically transformed. Before his takeover, Chelsea had clinched only one First Division title in 1955, the UEFA Cup Winners’ Cup in 1971, and three FA Cups from 1970 to 2000. Under Abramovich’s leadership and investment, Chelsea have celebrated five Premier League championships, five FA Cups, three League Cups, two Champions League titles, two Europa Leagues, two Community Shields, and a UEFA Super Cup.
Chelsea clinched the Club World Cup in February 2022, marking their last trophy under Roman Abramovich. Just a month later, Abramovich sold the club. By summer 2022, Todd Boehly had stepped in as the new owner. However, Chelsea’s performance saw a dip in Boehly’s inaugural season, with the team ending up in the 12th spot in the league.