Chelsea have been fined £10 million and handed a suspended two-window registration ban after being found guilty of multiple breaches of the Football Association’s regulations relating to football agents, intermediaries and third-party investment in players.

As reported by Fabrizio Romano on X, in a statement released on Friday, the Football Association said the sanctions followed 74 breaches of FA Rule E1.2, which were self-reported by Chelsea’s current ownership after completing the purchase of the club.

The FA said, “A financial sanction of £10 million and a suspended two-window registration ban have been imposed on Chelsea FC for breaches of The Football Association Football Agent Regulations, Regulations on Working with Intermediaries and Third Party Investment in Players Regulations.”

It added that Chelsea admitted to the 74 breaches before an independent Regulatory Commission, while investigations into the conduct of individuals connected to the case are continuing.

“The FA charged Chelsea FC with 74 breaches of FA Rule E1.2 after its current ownership self-reported misconduct upon its purchase of the club. The FA is continuing to investigate individual misconduct arising out of this case,” the statement read.