Chelsea Risk Point Deduction Over Fresh Financial Scandal

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May 8, 2023
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Chelsea are under the radar of English football authorities for undercover payments to the club's officias and players during Roman Abramovich's era as owner.

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According to reports, Chelsea could be slammed with a hefty points deduction if found guilty following investigations.

The flashpoint of conflict between the club and football authorities is that the said undercover payments flouted extant rules governing club's financial conduct.

From investigations currently carried out, Roman Abramovich reportedly spearheaded the shady and clandestine payment system that saw millions of dollars dolled out to the club's officials and players for ten good years as payments.

Such payments were not documented and did not appear on the club's annual financial report hence going off the eyes of regulators.

The transactions in question, according to The Guardian, were 'routed through offshore vehicles belonging to Abramovich' and seem as though they were made to benefit Chelsea or individuals around the club.

Beneficiaries appear to include an associate of manager Antonio Conte, Eden Hazard's agent and other Chelsea FC officials.

Other payments appear to have been connected to the purchase of the players Willian and Samuel Eto'o, which was initially revealed last month.

The Premier League and the Football Association are already investigating Chelsea's finances, while UEFA already fined the club £8.6m after the current owners reported that 'incomplete financial information' was submitted during Abramovich's tenure.