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.” The sanction represents another blow for Chelsea’s current owners after a disappointing first year at the helm, with the club’s 12th-place finish in the Premier League last term their worst since 1993-94. Chelsea have forked out around £600million in transfers since Boehly’s arrival, while former Tottenham boss Mauricio Pochettino has been tasked with turning around their on-pitch fortunes. Chelsea said in a statement the owners became aware of potential impropriety when carrying out a “thorough due diligence process” prior to the purchase and, upon completion of the takeover, they reported this to UEFA. The statement added: “In accordance with the club’s ownership group’s core principles of full compliance and transparency with its regulators, we are grateful that this case has been concluded by proactive disclosure of information to UEFA and a settlement that fully resolves the reported matters. “We wish to place on record our gratitude to UEFA for its consideration of this matter. Chelsea greatly values its relationship with UEFA and looks forward to building on that relationship in the years to come.” Juventus have also been reprimanded after a separate UEFA investigation and as well as throwing the Italian giants out of European football, they have been fined 20million euros (£17.14m). However, half of that fine has been suspended and Juventus will only have to pay if their financial records for the next three years do not comply with the accounting requirements. Juventus – who were docked 10 points last season over their past transfer dealings, effectively ending their hopes of Champions League qualification – were found to have violated the framework of a settlement agreement with UEFA in August last year. Juventus president Gianluca Ferrero said in a statement on the club’s website: “We regret the decision of the UEFA Club Financial Control Body. “We do not share the interpretation that has been given of our defence and we remain firmly convinced of the legitimacy of our actions and the validity of our arguments. “However, we have decided not to appeal this judgement. Despite this painful decision, we can now face the new season by focusing on the field and not on the courts.”

Despite the messy Golden State Warriors breakup, Stephen Curry and Kevin Durant are still close friends all these years later.Kevin Durant spent three years with the Golden State Warriors from 2016 to 2019. He won two championships and two Finals MVP awards. Had it not been for a ruptured Achill...

The Supreme Court, in an 8-1 ruling, revived the Biden administration's immigration guidelines that prioritize which noncitizens to deport, dismissing a challenge from two Republican state attorneys general who argued the policies conflicted with immigration law.

Nuclear energy is gaining significant momentum in Ontario, with new plans to expand an existing plant to become

Russell Brand divorced Katy Perry over a text message on New Year's Eve, 2011

Five French soldiers have been charged with failing to assist 27 people who drowned trying to cross the Channel in the worst small boats disaster on record. A judicial source said nine people in total had been placed in custody over the tragedy and five were formally charged. The AFP news agency reported that those charged included three women and two men on duty at the Channel rescue centre at the time. The disaster sparked a row between the UK and France as each side tried to blame the other for failing to rescue the deceased. It took the UK and French coastguards 12 hours to respond following the first Mayday call. Call records released to lawyers by the French authorities as part of an investigation into the disaster found that the first distress call to the French coastguard was logged shortly before 2.15am on 21 November 2021. The boat overturned at around 3.15am. Shortly afterward, at 3.30am, a passenger reported that some of the group, mostly Iraqui kurds, were in the water. The French authorities replied: “Yes, but you are in English waters, Sir.” Those on board made more than 20 distress calls between 3.40am and 7.30am at sunrise. At around 2.00pm the rescue services arrived at the scene and all but two of the group had drowned or died of exposure. Throughout the course of the night the UK coastguard, responsible for logging emergency calls and coordinating search and rescue missions in the Channel, continued to deny that the dinghy was in British waters, repeatedly telling the passengers to call the French coastguard. The records from France suggest that the boat entered British waters at 2.30am. The charges were welcomed by a spokesperson for Utopia 56, an organisation representing the migrants. "We can only be delighted that things are progressing from a criminal point of view," said Flore Judet. According to AFP those in custody were from the French rescue service Cross Gris Nez, in charge of rescues in the Channel. Cross Gris Nez declined to comment. The Paris court in charge of the investigation was not immediately available for comment. Read More Migration by numbers: What’s really driving the surge in people coming to the UK? Immigration is a great British success story – politicians should tell the truth about it Scarred by war, Ukrainian children carry on after losing parents, homes and innocence Asylum backlog at record high as charities brand human cost of delays staggering Labour leads Tories in poll on immigration as figures set to show migration rise Starmer would stop lower wages for overseas workers used to fill UK jobs

Reigning Big 12 champion Kansas State wraps up non-conference play with a chance to give the league another win in an SEC stadium

Kraft Heinz says it’s bringing dairy-free macaroni and cheese to the U.S. for the first time

Nicola Peltz and Brooklyn Beckham tied the knot in 2022 in Palm Beach Florida held on Nelson Peltz's family estate

WASHINGTON (AP) — Here is a transcript of an Associated Press interview Wednesday with Tom Barkin, president of the Federal Reserve Bank of Richmond. It has been lightly edited for length and clarity.

Australia’s central bank expects inflation will only return to the top of its 2-3% target by end-2025 and

By Chibuike Oguh NEW YORK Blackstone Inc said on Thursday its second-quarter distributable earnings slumped nearly 40%, owing