Chelsea hit by huge fines for breach of financial rules
The punishments come with the potential for far harsher fines down the road, with Chelsea, who agreed to a four-year settlement with UEFA's Club Financial Control Body (CFCB), risking being hit with a further A$108 million if they do not get their finances in order.
Barcelona must pay a $A27 million fine, but could potentially face $A108 million in total, with UEFA, European soccer's governing body, fining Lyon $A22.5 million and Aston Villa $A20 million.
Chelsea's fines were split into $A36 million for not complying with the football earnings rule and $A20 million for breaching the squad cost rule, while Aston Villa were fined $A9 million and $A11 million for their respective rule violations.
The clubs are also subject to a restriction on the registration of new players on their List A for UEFA club competitions such as the Champions League and Europa League.
The teams accepted settlement agreements which cover periods of two, three or four years, with the clubs' final targets to be fully compliant with the football earnings rule by the end of their specific settlement period.
Lyon agreed on an exclusion from the 2025/26 UEFA club competitions should the French authority confirm the club's relegation to Ligue 2.
Chelsea sold their women's team for $A423 million to a parent company Blueco, which helped to balance their spending and avoid huge losses, despite their lavish spending in the transfer market under owner Todd Boehly.
UEFA, however, refused to count the sale of the team as an asset.
The club also sold two hotels to a sister company in a deal that appears to have helped the club to remain compliant with profitability and sustainability rules.
Premier League clubs are not permitted to have losses of more than $A219 million over a three-year period.
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The Advertiser
8 hours ago
- The Advertiser
Chelsea follow Fluminense into Club World Cup semis
Chelsea scored a fortuitous late own goal to snatch a 2-1 victory over Palmeiras and reach the Club World Cup semi-finals. Extra time was looming at Lincoln Financial Field on Friday until Malo Gusto's cross took deflections off Agustin Giay and goalkeeper Weverton and ended up in the back of the Brazilians' net in the 83rd minute. The London side had led early on through Cole Palmer but were pegged back by a superb strike from Estevao Willian, the 18-year-old winger who will join them after the tournament. Palmeiras had been threatening to finish the stronger but Gusto's late stroke of luck ensured it was Chelsea who went through to face Fluminense, 2-1 winners over Al-Hilal earlier, in the last four. The contest was played in vibrant atmosphere with the crowd, perhaps helped by the dynamically-priced tickets having dropped as low as £8 earlier in the day, an impressive 65,782. Pedro Neto started despite having considered missing the game following the death of his Portugal teammate and Liverpool striker Diogo Jota, and he held up a shirt bearing his name and that of his brother Andre Silva during a pre-match moment's silence. Palmer had already forced a good save from Weverton when he opened the scoring following a fine run and finish on 16 minutes. The England international wrong-footed a defender with a quick turn and he then swerved past another challenge before delivering a left-foot shot into the bottom corner. Chelsea could have increased their lead as Marc Cucurella and Enzo Fernandez tested Weverton and Trevoh Chalobah and Christopher Nkunku missed the target. With Cucurella giving Estevao a tough time until this point, Palmeiras struggled to create openings. They finally threatened just before the interval but Robert Sanchez comfortably saved Vanderlan's header and Bruno Fuchs nodded over after the restart. It proved the start of a good spell for the Sao Paulo side and the equaliser came as Estevao took a pass from the right and lashed in a shot from a tight angle. It was a stunning finish and Chelsea immediately responded by sending on Joao Pedro for his debut following his move from Brighton. Chelsea had a scare when Allan drove narrowly wide and Levi Colwill needed to make a last-gasp interception prevent another Palmeiras chance. But they had a good opportunity themselves when Cucurella shot over and then edged in front when Gusto's cross took a ricochet and fooled Weverton. Chelsea now face Fluminense in the semi-finals in New York on Tuesday. The tournament underdogs struck first through Matheus Martinelli in the opening half before Al-Hilal hit back after the break when Marcus Leonardo found the net. But Fluminense refused to be denied and regained their lead in the 70th minute through Hercules to secure a memorable win over Al-Hilal in the first meeting between the clubs. Al-Hilal had announced themselves in the footballing world when they beat Manchester City 4-3. The late Jota and his brother Andre Silva were honoured with a pre-game moment of silence. Cameras showed Al Hilal starters and Portuguese compatriots Ruben Neves and Joao Cancelo fighting off tears during the observance. with PA Chelsea scored a fortuitous late own goal to snatch a 2-1 victory over Palmeiras and reach the Club World Cup semi-finals. Extra time was looming at Lincoln Financial Field on Friday until Malo Gusto's cross took deflections off Agustin Giay and goalkeeper Weverton and ended up in the back of the Brazilians' net in the 83rd minute. The London side had led early on through Cole Palmer but were pegged back by a superb strike from Estevao Willian, the 18-year-old winger who will join them after the tournament. Palmeiras had been threatening to finish the stronger but Gusto's late stroke of luck ensured it was Chelsea who went through to face Fluminense, 2-1 winners over Al-Hilal earlier, in the last four. The contest was played in vibrant atmosphere with the crowd, perhaps helped by the dynamically-priced tickets having dropped as low as £8 earlier in the day, an impressive 65,782. Pedro Neto started despite having considered missing the game following the death of his Portugal teammate and Liverpool striker Diogo Jota, and he held up a shirt bearing his name and that of his brother Andre Silva during a pre-match moment's silence. Palmer had already forced a good save from Weverton when he opened the scoring following a fine run and finish on 16 minutes. The England international wrong-footed a defender with a quick turn and he then swerved past another challenge before delivering a left-foot shot into the bottom corner. Chelsea could have increased their lead as Marc Cucurella and Enzo Fernandez tested Weverton and Trevoh Chalobah and Christopher Nkunku missed the target. With Cucurella giving Estevao a tough time until this point, Palmeiras struggled to create openings. They finally threatened just before the interval but Robert Sanchez comfortably saved Vanderlan's header and Bruno Fuchs nodded over after the restart. It proved the start of a good spell for the Sao Paulo side and the equaliser came as Estevao took a pass from the right and lashed in a shot from a tight angle. It was a stunning finish and Chelsea immediately responded by sending on Joao Pedro for his debut following his move from Brighton. Chelsea had a scare when Allan drove narrowly wide and Levi Colwill needed to make a last-gasp interception prevent another Palmeiras chance. But they had a good opportunity themselves when Cucurella shot over and then edged in front when Gusto's cross took a ricochet and fooled Weverton. Chelsea now face Fluminense in the semi-finals in New York on Tuesday. The tournament underdogs struck first through Matheus Martinelli in the opening half before Al-Hilal hit back after the break when Marcus Leonardo found the net. But Fluminense refused to be denied and regained their lead in the 70th minute through Hercules to secure a memorable win over Al-Hilal in the first meeting between the clubs. Al-Hilal had announced themselves in the footballing world when they beat Manchester City 4-3. The late Jota and his brother Andre Silva were honoured with a pre-game moment of silence. Cameras showed Al Hilal starters and Portuguese compatriots Ruben Neves and Joao Cancelo fighting off tears during the observance. with PA Chelsea scored a fortuitous late own goal to snatch a 2-1 victory over Palmeiras and reach the Club World Cup semi-finals. Extra time was looming at Lincoln Financial Field on Friday until Malo Gusto's cross took deflections off Agustin Giay and goalkeeper Weverton and ended up in the back of the Brazilians' net in the 83rd minute. The London side had led early on through Cole Palmer but were pegged back by a superb strike from Estevao Willian, the 18-year-old winger who will join them after the tournament. Palmeiras had been threatening to finish the stronger but Gusto's late stroke of luck ensured it was Chelsea who went through to face Fluminense, 2-1 winners over Al-Hilal earlier, in the last four. The contest was played in vibrant atmosphere with the crowd, perhaps helped by the dynamically-priced tickets having dropped as low as £8 earlier in the day, an impressive 65,782. Pedro Neto started despite having considered missing the game following the death of his Portugal teammate and Liverpool striker Diogo Jota, and he held up a shirt bearing his name and that of his brother Andre Silva during a pre-match moment's silence. Palmer had already forced a good save from Weverton when he opened the scoring following a fine run and finish on 16 minutes. The England international wrong-footed a defender with a quick turn and he then swerved past another challenge before delivering a left-foot shot into the bottom corner. Chelsea could have increased their lead as Marc Cucurella and Enzo Fernandez tested Weverton and Trevoh Chalobah and Christopher Nkunku missed the target. With Cucurella giving Estevao a tough time until this point, Palmeiras struggled to create openings. They finally threatened just before the interval but Robert Sanchez comfortably saved Vanderlan's header and Bruno Fuchs nodded over after the restart. It proved the start of a good spell for the Sao Paulo side and the equaliser came as Estevao took a pass from the right and lashed in a shot from a tight angle. It was a stunning finish and Chelsea immediately responded by sending on Joao Pedro for his debut following his move from Brighton. Chelsea had a scare when Allan drove narrowly wide and Levi Colwill needed to make a last-gasp interception prevent another Palmeiras chance. But they had a good opportunity themselves when Cucurella shot over and then edged in front when Gusto's cross took a ricochet and fooled Weverton. Chelsea now face Fluminense in the semi-finals in New York on Tuesday. The tournament underdogs struck first through Matheus Martinelli in the opening half before Al-Hilal hit back after the break when Marcus Leonardo found the net. But Fluminense refused to be denied and regained their lead in the 70th minute through Hercules to secure a memorable win over Al-Hilal in the first meeting between the clubs. Al-Hilal had announced themselves in the footballing world when they beat Manchester City 4-3. The late Jota and his brother Andre Silva were honoured with a pre-game moment of silence. Cameras showed Al Hilal starters and Portuguese compatriots Ruben Neves and Joao Cancelo fighting off tears during the observance. with PA
The Advertiser
17 hours ago
- The Advertiser
I want to leave: Rashford tells Manchester United
Manchester United forward Marcus Rashford is one of five players who have told the club they want to leave Old Trafford this summer. It is understood Rashford, who spent the second half of last season on loan at Aston Villa, Alejandro Garnacho, Antony, Jadon Sancho and Tyrell Malacia have all informed United they see their futures lying elsewhere. United have responded by delaying their scheduled return for pre-season training until the end of July to allow them time to find new clubs. Should none of the players secure a new deal elsewhere before the end of the month, they will be welcomed back to Carrington, where they will continue to have full access to medical and training support. The PA agency are also reporting that summer signing Matheus Cunha will be given the number 10 shirt, which had been worn by Rashford, for next season and United have informed the England international's representatives of the decision. Rashford scored four goals in 17 appearances during his time at Villa Park, but the Midlands club decided not to activate the $A83 million option to buy him. The 27-year-old, who fell out of favour at United under head coach Ruben Amorim, is reportedly keen on a move to Barcelona and does not want a move to London, ruling out the likes of Arsenal, Chelsea and Tottenham. There is also reported interest from Germany, Italy and Saudi Arabia for the player, who has scored 17 goals in 62 appearances for England. Garnacho, who made his first-team debut for United as a 17-year-old in 2022 after joining from Atletico Madrid in 2020, has scored 16 goals in 93 Premier League appearances. But his relationship with Amorim has also deteriorated after he vented his frustration on social media following his omission from United's starting line-up in their Europa League final defeat to Tottenham. The Argentinian has been linked with both Chelsea and Italian champions Napoli. Antony failed to justify his huge price tag at Old Trafford after arriving from Ajax in an $A171 million deal in 2022, but he rediscovered top form after joining Real Betis on loan in January. Sancho has failed to settle at United following his arrival from Borussia Dortmund for $A152m in 2021. Malacia, signed for $A27 million from Feyenoord in 2022, made three Premier League appearances for United last season before switching to PSV Eindhoven on loan. Meanwhile Burnley are closing in on a deal to sign Manchester City's England defender Kyle Walker. It is understood Walker, 35, had a medical with newly-promoted Burnley on Friday ahead of a move which could be worth up to $A10 million. Walker is entering the final year of his contract at City and, although he started last season as the club captain, he finished it on loan with AC Milan, who declined to take up an option to make his move permanent. Manchester United forward Marcus Rashford is one of five players who have told the club they want to leave Old Trafford this summer. It is understood Rashford, who spent the second half of last season on loan at Aston Villa, Alejandro Garnacho, Antony, Jadon Sancho and Tyrell Malacia have all informed United they see their futures lying elsewhere. United have responded by delaying their scheduled return for pre-season training until the end of July to allow them time to find new clubs. Should none of the players secure a new deal elsewhere before the end of the month, they will be welcomed back to Carrington, where they will continue to have full access to medical and training support. The PA agency are also reporting that summer signing Matheus Cunha will be given the number 10 shirt, which had been worn by Rashford, for next season and United have informed the England international's representatives of the decision. Rashford scored four goals in 17 appearances during his time at Villa Park, but the Midlands club decided not to activate the $A83 million option to buy him. The 27-year-old, who fell out of favour at United under head coach Ruben Amorim, is reportedly keen on a move to Barcelona and does not want a move to London, ruling out the likes of Arsenal, Chelsea and Tottenham. There is also reported interest from Germany, Italy and Saudi Arabia for the player, who has scored 17 goals in 62 appearances for England. Garnacho, who made his first-team debut for United as a 17-year-old in 2022 after joining from Atletico Madrid in 2020, has scored 16 goals in 93 Premier League appearances. But his relationship with Amorim has also deteriorated after he vented his frustration on social media following his omission from United's starting line-up in their Europa League final defeat to Tottenham. The Argentinian has been linked with both Chelsea and Italian champions Napoli. Antony failed to justify his huge price tag at Old Trafford after arriving from Ajax in an $A171 million deal in 2022, but he rediscovered top form after joining Real Betis on loan in January. Sancho has failed to settle at United following his arrival from Borussia Dortmund for $A152m in 2021. Malacia, signed for $A27 million from Feyenoord in 2022, made three Premier League appearances for United last season before switching to PSV Eindhoven on loan. Meanwhile Burnley are closing in on a deal to sign Manchester City's England defender Kyle Walker. It is understood Walker, 35, had a medical with newly-promoted Burnley on Friday ahead of a move which could be worth up to $A10 million. Walker is entering the final year of his contract at City and, although he started last season as the club captain, he finished it on loan with AC Milan, who declined to take up an option to make his move permanent. Manchester United forward Marcus Rashford is one of five players who have told the club they want to leave Old Trafford this summer. It is understood Rashford, who spent the second half of last season on loan at Aston Villa, Alejandro Garnacho, Antony, Jadon Sancho and Tyrell Malacia have all informed United they see their futures lying elsewhere. United have responded by delaying their scheduled return for pre-season training until the end of July to allow them time to find new clubs. Should none of the players secure a new deal elsewhere before the end of the month, they will be welcomed back to Carrington, where they will continue to have full access to medical and training support. The PA agency are also reporting that summer signing Matheus Cunha will be given the number 10 shirt, which had been worn by Rashford, for next season and United have informed the England international's representatives of the decision. Rashford scored four goals in 17 appearances during his time at Villa Park, but the Midlands club decided not to activate the $A83 million option to buy him. The 27-year-old, who fell out of favour at United under head coach Ruben Amorim, is reportedly keen on a move to Barcelona and does not want a move to London, ruling out the likes of Arsenal, Chelsea and Tottenham. There is also reported interest from Germany, Italy and Saudi Arabia for the player, who has scored 17 goals in 62 appearances for England. Garnacho, who made his first-team debut for United as a 17-year-old in 2022 after joining from Atletico Madrid in 2020, has scored 16 goals in 93 Premier League appearances. But his relationship with Amorim has also deteriorated after he vented his frustration on social media following his omission from United's starting line-up in their Europa League final defeat to Tottenham. The Argentinian has been linked with both Chelsea and Italian champions Napoli. Antony failed to justify his huge price tag at Old Trafford after arriving from Ajax in an $A171 million deal in 2022, but he rediscovered top form after joining Real Betis on loan in January. Sancho has failed to settle at United following his arrival from Borussia Dortmund for $A152m in 2021. Malacia, signed for $A27 million from Feyenoord in 2022, made three Premier League appearances for United last season before switching to PSV Eindhoven on loan. Meanwhile Burnley are closing in on a deal to sign Manchester City's England defender Kyle Walker. It is understood Walker, 35, had a medical with newly-promoted Burnley on Friday ahead of a move which could be worth up to $A10 million. Walker is entering the final year of his contract at City and, although he started last season as the club captain, he finished it on loan with AC Milan, who declined to take up an option to make his move permanent.
The Advertiser
17 hours ago
- The Advertiser
Chelsea hit by huge fines for breach of financial rules
Chelsea have been fined A$56 million by UEFA for breaches of their financial rules, while Aston Villa, Barcelona and Olympique Lyonnais were also levied with large fines. The punishments come with the potential for far harsher fines down the road, with Chelsea, who agreed to a four-year settlement with UEFA's Club Financial Control Body (CFCB), risking being hit with a further A$108 million if they do not get their finances in order. Barcelona must pay a $A27 million fine, but could potentially face $A108 million in total, with UEFA, European soccer's governing body, fining Lyon $A22.5 million and Aston Villa $A20 million. Chelsea's fines were split into $A36 million for not complying with the football earnings rule and $A20 million for breaching the squad cost rule, while Aston Villa were fined $A9 million and $A11 million for their respective rule violations. The clubs are also subject to a restriction on the registration of new players on their List A for UEFA club competitions such as the Champions League and Europa League. The teams accepted settlement agreements which cover periods of two, three or four years, with the clubs' final targets to be fully compliant with the football earnings rule by the end of their specific settlement period. Lyon agreed on an exclusion from the 2025/26 UEFA club competitions should the French authority confirm the club's relegation to Ligue 2. Chelsea sold their women's team for $A423 million to a parent company Blueco, which helped to balance their spending and avoid huge losses, despite their lavish spending in the transfer market under owner Todd Boehly. UEFA, however, refused to count the sale of the team as an asset. The club also sold two hotels to a sister company in a deal that appears to have helped the club to remain compliant with profitability and sustainability rules. Premier League clubs are not permitted to have losses of more than $A219 million over a three-year period. Chelsea have been fined A$56 million by UEFA for breaches of their financial rules, while Aston Villa, Barcelona and Olympique Lyonnais were also levied with large fines. The punishments come with the potential for far harsher fines down the road, with Chelsea, who agreed to a four-year settlement with UEFA's Club Financial Control Body (CFCB), risking being hit with a further A$108 million if they do not get their finances in order. Barcelona must pay a $A27 million fine, but could potentially face $A108 million in total, with UEFA, European soccer's governing body, fining Lyon $A22.5 million and Aston Villa $A20 million. Chelsea's fines were split into $A36 million for not complying with the football earnings rule and $A20 million for breaching the squad cost rule, while Aston Villa were fined $A9 million and $A11 million for their respective rule violations. The clubs are also subject to a restriction on the registration of new players on their List A for UEFA club competitions such as the Champions League and Europa League. The teams accepted settlement agreements which cover periods of two, three or four years, with the clubs' final targets to be fully compliant with the football earnings rule by the end of their specific settlement period. Lyon agreed on an exclusion from the 2025/26 UEFA club competitions should the French authority confirm the club's relegation to Ligue 2. Chelsea sold their women's team for $A423 million to a parent company Blueco, which helped to balance their spending and avoid huge losses, despite their lavish spending in the transfer market under owner Todd Boehly. UEFA, however, refused to count the sale of the team as an asset. The club also sold two hotels to a sister company in a deal that appears to have helped the club to remain compliant with profitability and sustainability rules. Premier League clubs are not permitted to have losses of more than $A219 million over a three-year period. Chelsea have been fined A$56 million by UEFA for breaches of their financial rules, while Aston Villa, Barcelona and Olympique Lyonnais were also levied with large fines. The punishments come with the potential for far harsher fines down the road, with Chelsea, who agreed to a four-year settlement with UEFA's Club Financial Control Body (CFCB), risking being hit with a further A$108 million if they do not get their finances in order. Barcelona must pay a $A27 million fine, but could potentially face $A108 million in total, with UEFA, European soccer's governing body, fining Lyon $A22.5 million and Aston Villa $A20 million. Chelsea's fines were split into $A36 million for not complying with the football earnings rule and $A20 million for breaching the squad cost rule, while Aston Villa were fined $A9 million and $A11 million for their respective rule violations. The clubs are also subject to a restriction on the registration of new players on their List A for UEFA club competitions such as the Champions League and Europa League. The teams accepted settlement agreements which cover periods of two, three or four years, with the clubs' final targets to be fully compliant with the football earnings rule by the end of their specific settlement period. Lyon agreed on an exclusion from the 2025/26 UEFA club competitions should the French authority confirm the club's relegation to Ligue 2. Chelsea sold their women's team for $A423 million to a parent company Blueco, which helped to balance their spending and avoid huge losses, despite their lavish spending in the transfer market under owner Todd Boehly. UEFA, however, refused to count the sale of the team as an asset. The club also sold two hotels to a sister company in a deal that appears to have helped the club to remain compliant with profitability and sustainability rules. Premier League clubs are not permitted to have losses of more than $A219 million over a three-year period.
