- UEFA Fines Chelsea and Villa for Rule Breach.
- Top Clubs Punished for Overspending.
- Big Deals, Bigger Trouble for Chelsea and Villa.
The big boys of the Premier League are in hot water as UEFA is set to hit both Chelsea and Aston Villa with fines for breaking its financial rules.
As reported by The Times, these penalties come as both clubs have been flagged for breaching financial rules for the very first time.
Though this is their first strike, UEFA isn’t letting it slide.
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The Blues’ spending spree may have just pushed them offside.
They apparently went over the spending limit set for last season.
Meanwhile, UEFA didn’t allow Chelsea to count the money made from selling their women’s team in their financial report.
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Their women’s team was sold to a related company, Blueco 22 Midco Limited, and the deal reportedly brought in a whopping £200 million – that’s really a record-smashing sum of money.
The fact is that what flies in the Premier League doesn’t necessarily score points in Europe.
Unlike the Premier League, UEFA has stricter rules—clubs can’t count money made from selling assets to sister or related companies.
Meanwhile, it’s not just Chelsea feeling the heat— Aston Villa’s in this too.
The Lions are also believed to have gone over the financial limit.
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