Chelsea and Barcelona fined by UEFA for breaching financial rules | Football News

Chelsea and Barca are a list of European teams who have been fined by the continental governing bodies for violations of financial rules.

Chelsea was fined 31 million euros ($36.5 million) for breaching the financial rules by the European football governing body UEFA, and Aston Villa, Barcelona and Olympic Lyon were also heavily fined.

The punishment, along with Chelsea, agreeing to a four-year settlement with the UEFA Club Financial Management Agency (CFCB), will entail the possibility of a much more severe fine in the future.

Barcelona will have to pay 15 million euros ($17.7 million), but it could face a total of 60 million, with UEFA at Lyon 12.5 million and Aston Villa at 11 million.

Chelsea’s fines were split into 20 million for failing to comply with football revenue rules and 11 million for violating the team cost rules, while Aston Villa was fined 5 million and 6 million for violating the respective rules.

The club will also restrict the registration of new players to List A of UEFA Club Competitions such as the Champions League and Europa League.

The club’s owned group said on Friday that Lyon is a four-year agreement with UEFA’s financial management agency, allowing him to play in the Europa League next season, subject to a favourable outcome of appeal with French football financial watchdog DNCG.

Lyon’s relegation to Lyon to Ligue 2 was tentatively announced by the DNCG in November due to economic fraud and confirmed last week.

They risk exclusion from European competition if they fail to meet agreed goals.

The team accepted a settlement agreement covering two-, three- or four-year periods, ensuring that the club’s final goals were fully compliant with the Soccer Revenue Rules by the end of a particular settlement period.

Chelsea sold the women’s team to parent company Blueco for 235 million euros ($277 million). This helped balance spending and avoid big losses despite the extravagant spending in the transfer market under owner Todd Boley. However, UEFA refused to count the sale as an asset of the team.

The club also sold two hotels to its sister company, apparently helping the club remained profitability and sustainability rules (PSR).

Premier League clubs are not permitted to have losses of more than £105 million ($113.29 million) over three years.