Explosive Revelation: Premier League Launches Investigation into Alleged Financial Breaches During Roman Abramovich's Reign at Chelsea

Explosive Revelation: Premier League Launches Investigation into Alleged Financial Breaches During Roman Abramovich's Reign at Chelsea

Chelsea's new owners self-reported potential financial breaches to UEFA and the Premier League after taking over in 2022 If found guilty, the club may face penalties such as fines or points deductions In July, Chelsea was fined £86m by UEFA for providing incomplete financial information

The Premier League is conducting an investigation into potential financial rule violations at Chelsea under the ownership of Roman Abramovich. Chelsea's new owners voluntarily reported their own club to UEFA and the Premier League following their acquisition last year.

Chelsea is currently not facing any charges from the Premier League. However, in the event that they are found to have violated regulations, potential consequences may involve a financial penalty or a deduction of points.

UEFA, on July 28, revealed that Chelsea has been fined €10m (£8.6m) for failing to provide complete financial information from 2012 to 2019.

When approached by We News, Chelsea chose not to comment.

What did Chelsea win in the Abramovich era?

Explosive Revelation: Premier League Launches Investigation into Alleged Financial Breaches During Roman Abramovich's Reign at Chelsea

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Chelsea supporters displaying a banner in honor of Roman Abramovich at Stamford Bridge.

In 2003, Abramovich acquired Chelsea for a sum of £140m. Prior to his ownership, the club had achieved limited success, securing only one First Division title in 1955, the 1971 UEFA Cup Winners' Cup, and three FA Cups spanning the years 1970 to 2000.

Under Abramovich's ownership, Chelsea achieved an impressive record with five Premier League titles, five FA Cups, three League Cups, two Champions Leagues, two Europa Leagues, two Community Shields, and one UEFA Super Cup. The Club World Cup in February 2022 marked Chelsea's last victorious campaign under Abramovich's ownership, preceding his sale of the club just a month later.

Todd Boehly took over the club in the summer of 2022, with Chelsea finishing 12th in the league in the American's first season in charge.