Chelsea Premier League FFP investigation update as compensation claim made

An update on the Premier League investigation into Chelsea has been given, with it claimed that other clubs could potentially look at claiming compensation if they are found guilty of breaches.

The Blues have been under investigation since last November after leaked documents appearing to show breaches of financial rules emerged. The documents appear to show payments under previous owner Roman Abramovich being ‘routed through offshore vehicles’ and are valued at tens of millions of pounds.

Abramovich sold Chelsea to American billionaire Todd Boehly and his consortium in May 2022, following the Russian invasion of Ukraine. The war saw Abromivic’s assets in Britain frozen.

It has previously been claimed by the Guardian that 'four leading sports lawyers' have told them that some of the payments may have broken both Premier League and UEFA regulations in regards to Profitability and Sustainability rules (PSRs). However, football finance expert Kieran Maguire believes that if Chelsea are found guilty, then a financial punishment is the most likely.

He said: "If there is proof that the club has used third party transactions to circumvent the profitability and sustainability rules then sanctions would be either financial or a points deduction. The latter is more likely as any commission investigating a club’s circumstances will want to put out a deterrent that dissuades others from repeating such behaviour."

The Times has now given the latest updates claiming that Chelsea are not one of four clubs lodging a compensation claim against Man City, amid their own alleged breaches of rules. It instead says Chelsea themselves could face compensation claims from other clubs should they be found guilty.

There is however said to be no looming deadline for the case, meaning it could drag on for a while yet. However, with the story not becoming public until June 2023, clubs will have until the same month in 2029 to log any intention they have to claim compensation via a compensation notice.

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