Idman.biz
"Chelsea" has been penalized by the Premier League for violating financial regulations during the tenure of former owner Roman Abramovich, resulting in a ban on registering new players.
Idman.Biz reports this with reference to Sky Sports.
An independent commission has fined "Chelsea" £10.75 million for violating Premier League regulations regarding financial statements, third-party investments, and youth development between 2011 and 2018. The Premier League has banned the club from signing new players for its academy for nine months and has also imposed a one-year conditional transfer ban on major team transfers, followed by a two-year probation period.
After 30 Premier League games, "Chelsea" has 48 points and is in sixth place in the league table.
