Chelsea charged with 74 breaches of rules on agents and intermediaries
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Chelsea charged with 74 breaches of rules on agents and intermediaries
"England's Football Association has brought 74 charges against Premier League club Chelsea, alleging breaches of its football agents' regulations, its regulations on working with intermediaries and third-party investment in players' regulations. The conduct that is the subject of the charges ranges from 2009 to 2022 and primarily relates to events which occurred between the 2010-11 to 2015-16 playing seasons, the FA said in a statement."
"The FA did not elaborate on the charges but Chelsea said the matters were self-reported by the club after the change in ownership in May 2022. At the time, the London club was owned by Roman Abramovich, but the Russian billionaire put Chelsea up for sale in 2022 following sanctions after Russia's invasion of Ukraine. He completed the sale to an investment group led by Todd Boehly and Clearlake Capital."
The FA charged Chelsea with 74 alleged breaches of football agents' regulations, regulations on working with intermediaries and third-party investment rules covering 2009–2022. The alleged conduct mainly relates to events during the 2010–11 to 2015–16 playing seasons. Chelsea reported that the matters were self-disclosed following the club's May 2022 change of ownership from Roman Abramovich to a group led by Todd Boehly and Clearlake Capital. The new ownership identified potentially incomplete historical financial reporting during a thorough due diligence process prior to purchase. Chelsea granted comprehensive access to files and historical data and committed to cooperate with the FA to resolve the charges.
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