Chelsea agree resolution over finances that sees them hand over £8.57m to UEFA
Chelsea have agreed a resolution with UEFA that will see them hand over 10million euros (£8.57million) after owning up to “incomplete financial reporting” under the Roman Abramovich regime. A new ownership group led by Todd Boehly and Clearlake Capital completed their takeover of the club in May last year from Abramovich, who was sanctioned over his links to Russia president Vladimir Putin. UEFA, which has also banned Juventus from competing in the Europa Conference League this season due to financial irregularities, confirmed it was approached “proactively” by the Boehly-led consortium. They detected instances of partial financial information being submitted in historical transactions occurring between 2012 and 2019, breaching UEFA Club Licensing and Financial Fair Play regulations. A UEFA statement said: “Following its assessment, including the applicable statute of limitations, the CFCB (Club Financial Control Body) First Chamber entered into a settlement agreement with the club which has agreed to pay a financial contribution of 10million euros to fully resolve the reported matters.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-07-29 02:26
Prime real estate: Colorado's return to Big 12 fits Deion Sanders' football recruiting blueprint
The University of Colorado's decision to return to the Big 12 next year is expected to be a boon to football coach Deion Sanders' recruiting efforts in Texas and Florida
2023-07-29 02:22
IR, PUP, NFI. What do all of those NFL roster designations mean?
NFL players compete all offseason and through training camp to make the active roster of their current team or perhaps elsewhere
2023-07-29 02:22
Aaron Rodgers putting on a show at Jets training camp
Aaron Rodgers putting on a show at Jets training camp
2023-07-29 02:19
UEFA removes Juventus from European competition and fines Chelsea in financial rule-breaking cases
Juventus has been removed from European competition next season and Chelsea fined $11 million in separate UEFA rulings over financial rules breaches
2023-07-29 02:18
Leclerc starts on pole for Belgian GP after Verstappen gets grid penalty
Runaway F1 championship leader Max Verstappen had the fastest time in qualifying for the rain-hit Belgian Grand Prix
2023-07-29 01:50
Jarrett remains the leader of Falcons defense, even after offseason makeover
Grady Jarrett remains the clear leader on the Atlanta Falcons' defense, even following an offseason makeover that could produce six new starters
2023-07-29 01:28
Yorkshire punished for extremely serious misconduct over racism experienced by ex-player Azeem Rafiq
Yorkshire has been fined and docked points in two formats of cricket over the club’s “extremely serious” misconduct in relation to the racism experienced by former player Azeem Rafiq
2023-07-29 01:23
Lions' bolstered linebacking corps has high expectations on 1st day of pads at training camp
The Detroit Lions invested in their linebacking corps in the offseason, drafting former Iowa star Jack Campbell with the No. 18 pick and re-signing Alex Anzalone to a three-year, $18.75 million deal to bolster a position group that was shaky at times last year
2023-07-29 00:57
Kevin Durant attends Washington Commanders camp as a fan
Kevin Durant was among those in attendance for the second open practice of Washington Commanders training camp
2023-07-29 00:51
Jordan Henderson facing biggest backlash of any player lured by Saudi Arabia
Jordan Henderson isn’t the first soccer player to follow the money to Saudi Arabia
2023-07-28 23:57
Mike McDaniel confident in Dolphins' CB depth amid Jalen Ramsey injury
Jalen Ramsey will have surgery Friday to repair a torn meniscus in his left knee
2023-07-28 23:56