Chelsea hit with transfer ban and $13.4M fine
The English football club Chelsea was fined $13.4 million and received a temporary ban from registering new players during transfer windows, with the suspension on hold. This came after the club admitted to committing 74 breaches of the English Football Association's rules related to player agents, dealings with intermediaries, and third-party investments in players during its 2022 acquisition process. The original penalty included a six-point deduction with the suspension of that deduction, but the Appeals Committee canceled the points deduction and decided to impose a temporary registration ban. The club then appealed the decision.
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