WEBWIRE – Saturday, July 29, 2023
Chelsea FCs possession community done its purchase of the membership on 30 Also can 2022. During an intensive due diligence direction of sooner than completion of the purchase, the possession community grew to change into attentive to doubtlessly incomplete financial reporting touching on historical transactions throughout the golf equipment outdated possession. At once following the completion of the purchase, Chelsea self-reported these issues to UEFA.
Chelsea has fully cooperated and assisted UEFA with its investigation of these issues and, following an evaluation by the UEFA Membership Financial Alter Physique, the membership has entered correct into a settlement agreement with UEFA. Below that settlement the membership is to pay a financial contribution of 10 million to UEFA as a mounted fee.
In accordance to the golf equipment possession teams core tips of corpulent compliance and transparency with its regulators, we are grateful that this case has been concluded by proactive disclosure of data to UEFA and a settlement that fully resolves the reported issues.
We would like to station on document our gratitude to UEFA for its consideration of this topic. Chelsea seriously values its relationship with UEFA and looks forward to constructing on that relationship in the years to return.
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