Illegal Payments? Premier League determines well, point deduction threatens

2023-08-09 00:14:19

Chelsea threatens new adversity. As the Times citing sources familiar with the process, the Premier League is investigating the club. It is about allegedly illegal payments to offshore companies abroad.

The veiled money transfers to a total of six of these offshore companies are said to have taken place at the time of ex-club owner Roman Abramovich. After the takeover by a consortium led by Todd Boehly and Clearlake Capital, the club itself reported the events.

There are currently no charges against Chelsea, but the English league is examining the processes closely. According to the Times, the sum of the payments is in the millions and they were used in the context of player transfers. They were not declared in the annual reports and balance sheets forwarded to the Premier League, FA and UEFA.

Chelsea were fined €10m by UEFA earlier this year for “submitting incomplete financial information” from the London club from 2012 to 2019. There is no statement from the association on the current developments.

Roman Abramovich bought the club in 2003 and led it to the top of Europe at great expense. Among other things, Chelsea won the Champions League twice and five English championships under him as club manager. After the start of the Russian war against Ukraine, the oligarch had to sell the club in May 2022.

Should there be an indictment, Chelsea face a hefty fine. In addition to another fine, the table twelfth of the previous season could be deducted a point.

In terms of sport, the team of the new team manager Mauricio Pochettino starts the new season on August 13th. Then it’s time for Chelsea against Liverpool.

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