Chelsea FC is currently engaged in discussions with the Premier League to finalize a financial settlement concerning an investigation into undisclosed payments linked to player transfers during Roman Abramovich’s tenure as owner. These transactions involve the transfers of notable players, including Willian, Samuel Eto’o, and Eden Hazard.
The investigation, initially brought to light by The Times in 2023, scrutinized Chelsea’s £32 million acquisition of Willian and the transfer of Samuel Eto’o from Russian club Anzhi Makhachkala in 2013. Financial documents revealed that these deals included payments to Russian entities that were not part of the official transfer fees. Eden Hazard’s transfer from Lille to Chelsea in 2012 was also examined under this inquiry.
Chelsea’s new ownership, which took over in 2022, uncovered these financial discrepancies during their acquisition review. They promptly reported their findings to both the Premier League and UEFA, demonstrating transparency in addressing the situation. Currently, the club is negotiating a resolution with the Premier League, aiming to settle the matter financially and potentially avoid severe penalties such as a points deduction.
The club’s approach mirrors its successful handling of a similar issue with UEFA in 2023. In that case, Chelsea paid a settlement of £8.6 million related to incomplete financial disclosures under the Abramovich regime. The current owners are optimistic that a comparable outcome can be reached with the Premier League.
Chelsea has emphasized that the irregularities occurred before the current ownership took charge. They have clarified that the undisclosed payments were made to entities allegedly controlled by Abramovich and did not involve anyone presently associated with the club. During their due diligence process before acquiring Chelsea in May 2022, the new owners identified potential issues with financial reporting and immediately alerted the relevant authorities.
The club has reiterated its commitment to full transparency and cooperation with ongoing investigations. Chelsea’s current leadership has assured fans that steps are being taken to ensure compliance with football regulations moving forward. They aim to rebuild trust and maintain a strong reputation, emphasizing that the irregularities uncovered stem from past ownership practices.
This proactive approach demonstrates the club’s determination to address legacy issues and align with modern governance standards. By negotiating a settlement, Chelsea’s new leadership hopes to close this chapter and focus on the club’s future under their stewardship.
