US Edition
Chelsea Given Huge Fine for Breach of Financial Rules
- UEFA fined Chelsea FC £31 million for breaching financial sustainability rules and may restrict their Champions League player registrations next season.
- Chelsea and Aston Villa exceeded UEFA's 70% squad cost ratio limit by spending between 80% and 90% of their revenues in 2024, triggering sanctions.
- Both clubs entered settlement agreements with UEFA covering the 2022/23 and 2023/24 financial years and agreed to comply with financial regulations under specified timelines.
- Chelsea will pay a minimum fine of £31 million plus up to £60 million in conditional fees while Aston Villa faces an £11 million fine and a £15 million conditional penalty.
- If Chelsea and Villa fail to meet UEFA's financial requirements by the 2028-29 and 2027-28 seasons respectively, they risk further fines and bans from UEFA club competitions.
Insights by Ground AI
Does this summary seem wrong?
24 Articles
24 Articles
All
Left
1
Center
5
Right
3
Channel News Asia+2 Reposted by 2 other sources
Chelsea given huge fine for breach of financial rules
Chelsea have been fined 31 million euros ($36.50 million) by UEFA for breaches of its financial rules, while Aston Villa, Barcelona and Olympique Lyonnais were also levied with large fines, UEFA announced on Friday.The punishments come with the potential for far harsher fines down the road, with Chelsea, who
·Singapore
Read Full ArticleCoverage Details
Total News Sources24
Leaning Left1Leaning Right3Center5Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
11%
C 56%
R 33%
Factuality
To view factuality data please Upgrade to Premium
