Chelsea have been fined £10m and given a suspended two-window registration ban by the Football Association for breaching rules relating to payments to agents between 2009 and 2022.
Owners Todd Boehly and Clearlake Capital self-reported 74 breaches of FA rules when they purchased the club in 2022.
An independent regulatory commission initially imposed a six-point deduction, which was to be suspended until 30 June 2027, but that has been “set aside” on appeal.
The £10m Chelsea have been fined will be invested into grassroots football.
More to follow.