Chelsea slapped with transfer bans and record fine following 'secret payments'

Chelsea have been hit with a £10 million fine, after reporting themselves to the Premier League.

The Blues admitted to secretly paying £47m to unregistered agents and third parties between the years of 2011 and 2018, relating to transfers that were made over that period.

The club have been hit with a record fine – and Chelsea have accepted the charges from the Premier League, which occurred under the previous ownership led by Roman Abramovich.

Chelsea hit with record punishment, following ‘secret payments’

The Premeir League have compiled a report on the illegal payments that Chelsea made over a seven-year period.

Transfers including Eden Hazard, David Luiz, Nemanja Matic and Willian – who all won the league with the Blues – are related to the unregistered payments.

The club have also been handed bans in the transfer market, on top of the fines.

Chelsea have been given an immediate nine-month academy transfer ban, preventing them from signing anyone for their famed Cobham academy, on top of a suspended transfer embargo.

The Blues have also been dealt a £750,000 fine over the registration of academy players between 2019 and 2022.

The report and subsequent punishments could well have an effect on the way that the West Londoners conduct themselves in the transfer market this summer – but how remains to be seen.

Chelsea host Paris Saint-Germain this week in Champions League action, as the Round of 16 concludes.