Chelsea person issued an authoritative connection successful respect to the 74 charges brought by the English Football Association (FA)
Chelsea person been deed with 74 charges from the Football Association (FA) implicit alleged breaches linked to agents, intermediaries, and third-party engagement successful subordinate ownership.
The allegations screen the years 2009 to 2022, with astir incidents said to person taken spot betwixt 2010 and 2016. The club, present nether the ownership of Todd Boehly and Clearlake Capital pursuing their takeover successful May 2022, had antecedently uncovered what they described arsenic irregularities successful fiscal reporting from Roman Abramovich’s tenure.
Last year, successful July 2023, the nine reached a colony with UEFA, paying €10 cardinal ($11.6m) aft admitting to "incomplete fiscal reporting" during Abramovich’s ownership.
In a connection issued connected Thursday, the FA confirmed: “Chelsea FC person been charged with breaches of Regulations J1 and C2 of The FA Football Agents Regulations, Regulations A2 and A3 of The FA Regulations connected Working with Intermediaries, arsenic good arsenic Regulations A1 and B3 of The FA Third Party Investment successful Players Regulations.”
What did Chelsea accidental astir the 74 Charges?
Chelsea released an authoritative connection addressing the 74 charges immediately, stating that they had been the ones to study the discrepancies to the English FA.
In effect to the charges, Chelsea released a connection confirming that discussions with the FA are adjacent to being resolved. The nine emphasised that the issues were self-reported pursuing the alteration of ownership successful May 2022, erstwhile Todd Boehly and Clearlake Capital completed their takeover.
During the owed diligence process earlier the purchase, the caller ownership radical identified imaginable gaps successful historical fiscal reporting and imaginable breaches of FA regulations dating backmost much than a decade. Chelsea stated that, instantly aft finalising the takeover, these matters were disclosed to the applicable authorities, including the FA.
The nine added that it has shown afloat transparency passim the investigation, granting broad entree to records and humanities data. Chelsea reiterated its committedness to cooperating with the FA to bring the substance to a adjacent and thanked the governing assemblage for its engagement successful reviewing these historical issues.
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