Chelsea and Four Other Clubs Fined by UEFA for Financial Fair Play Violations

UEFA has imposed fines on Chelsea and four other European clubs—Barcelona, Lyon, Roma, and Aston Villa—for breaching Financial Fair Play (FFP) rules and regulations during the previous season.

Chelsea have been fined £27 million by UEFA after being found in breach of the European football governing body’s financial sustainability rules for the financial years ending in 2023 and 2024. The violations relate to stricter UEFA regulations, which are more rigorous than the Premier League’s Profit and Sustainability Rules, under which Chelsea were not considered in breach. UEFA’s Club Financial Control Body (CFCB) highlighted concerns surrounding transactions involving player swaps, asset sales (both tangible and intangible), and transfers between related parties when assessing Chelsea’s compliance with the Football Earnings Rule.

Aston Villa received a £9.5 million fine, split into £4.3 million for exceeding permitted financial losses and £5.2 million for breaching UEFA’s squad cost regulations. According to The Mirror UK, Aston Villa avoided harsher sanctions by transferring ownership of their women’s team to a related company, a tactic previously employed by Chelsea. Such transactions have come under scrutiny, with Premier League clubs recently voting to prevent similar moves in the future.

UEFA has also taken action against Barcelona, Lyon, and Roma for similar financial rule violations, reinforcing its commitment to enforcing financial sustainability across European football.

Source: African Publicity

Spread the love

Want to publish a news story, press release, statement, article or biography on www.africapublicity.com?

Send it to us via WhatsApp on +233543452542 or email africapublicityandproductions@gmail.com or to our editor through melvintarlue2022@gmail.com.