Breaking! Chelsea’s punishment for breaching financial reporting rules revealed

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Breaking! Chelsea’s punishment for breaching financial reporting rules revealed Getty

Chelsea had been under investigation for a period over breaches of financial reporting regulations, and a verdict has now been delivered in the case.

Details: As reported by Matt Law, Chelsea have not been hit with a points deduction or other sporting sanctions. However, the London club have received a ban on signing new players for their academy.

In addition, as Ben Jacobs reported, Chelsea will pay a fine of £10.75 million. The club have also been handed a one-year transfer ban affecting the first team, although the ban will only come into effect in two years.

Reminder: Chelsea and PSG will meet in the return leg of the UEFA Champions League, and our team brings you the key information on where and when to watch the match.

Miguel Solomons Miguel Solomons Dailysports's expert
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