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The Guardian - UK
The Guardian - UK
Sport
Guardian sport

Chelsea pay Uefa €10m as ‘incomplete financial reporting’ sanction

Todd Boehly
Todd Boehly and Clearlake Capital took over ownership of Chelsea in May last year. Photograph: Patrick T Fallon/AFP/Getty Images

Chelsea have agreed a resolution with Uefa and will pay €10m (£8.57m) to European football’s governing body as a sanction for “incomplete financial reporting” under the ownership of Roman Abramovich.

The club’s new ownership group, led by Todd Boehly and Clearlake Capital, completed its takeover in May last year from Abramovich, who was punished over his links to Russia president, Vladimir Putin. Uefa confirmed it was approached “proactively” by the Boehly-led consortium. It detected instances of partial financial information being submitted in historical transactions occurring between 2012 and 2019, breaching Uefa Club Licensing and Financial Fair Play regulations.

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