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New Delhi: Chelsea Football Club have been handed 74 charges by the English Football Association (FA). The FA stated that the charges relate to the period between 2009 and 2022, when the club was owned by Russian billionaire Roman Abramovich, and primarily concern events that occurred between the 2010–11 and 2015–16 seasons.
The charges relate to alleged breaches of the FA's agent regulations and third-party investment in players. Abramovich bought Chelsea in 2003 and sold the club in May 2022 to a consortium led by Todd Boehly and Clearlake Capital. The Association further added that the West London club had until September 19 to respond to the charges.
"In total, 74 charges have been brought against Chelsea FC. The conduct that is the subject of the charges ranges from 2009 to 2022 and primarily relates to events that occurred between the 2010/11 to 2015/16 playing seasons," the FA statement said.
Chelsea issued a statement saying the club is pleased to confirm that its engagement with the FA concerning matters that were self-reported by the club is now reaching a conclusion.
The statement further added that Chelsea's ownership group completed its purchase of the club on 30 May 2022, and during a due diligence process before completion of the purchase, they became aware of potentially incomplete financial reporting concerning historical transactions and other potential breaches of FA rules.
"Immediately upon the completion of the purchase, the club self-reported these matters to all relevant regulators, including the FA. The club has demonstrated unprecedented transparency during this process, including by giving comprehensive access to the club's files and historical data. We will continue working collaboratively with the FA to conclude this matter as swiftly as possible," the statement added.
In August 2023, Premier League chief executive Richard Masters also said that his organisation was investigating financial issues that Chelsea FC had self-reported to the league and to the FA.
