Chelsea have been fined 31 million euros ($36.5m) by European football’s governing body UEFA for breaches of its financial rules, while Aston Villa, Barcelona and Olympique Lyonnais were also levied with large fines.
The punishments come with the potential for far harsher fines down the road, with Chelsea, who agreed to a four-year settlement with UEFA’s Club Financial Control Body (CFCB), risking being hit with a further 60 million euros ($71m) if they do not get their finances in order.
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