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
1970-01-01 08:00
Who is Trinity Rodman's BF? USWMT footballer is dating college basketball star who plays as guard for Loyola Maryland Greyhounds
'The couple are yet to make their relationship official to the world. However, there’s enough proof of their romance', said a source
1970-01-01 08:00
Affirm CEO Says He Won’t Bet Against Elon Musk’s Everything App
Elon Musk’s vision of an everything app that includes banking capabilities may not be what Americans are looking
1970-01-01 08:00
Surf Air’s Rough Debut Serves as Cautionary Tale for Direct Listings
Going public via direct listing can be a bit of a gamble. For Surf Air Mobility Inc., it
1970-01-01 08:00
Marvin Harrison Jr. claims Ohio State had Georgia beat if not for injury
Marvin Harrison Jr. believes the Ohio State Buckeyes would have beaten the Georgia Bulldogs if he hadn't gotten injured in the College Football Playoff.The Peach Bowl between Georgia and Ohio State was one of the most thrilling College Football Playoff Semifinals of the last few years.T...
1970-01-01 08:00
Ilkay Gundogan calls for patience from Barcelona fans
Ilkay Gundogan has called for patience from Barcelona fans after their pre-season friendly defeat to Arsenal in Los Angeles, California.
1970-01-01 08:00
McCarthy deflects questions about new Trump obstruction charges
Speaker Kevin McCarthy deflected questions about the additional charges filed Thursday against former President Donald Trump in the case alleging mishandling of classified documents during his time in the White House, instead pointing to President Joe Biden.
1970-01-01 08:00
MLB Rumors: Cardinals extension nightmare, Verdugo trade, Pirates get lucky
MLB Rumors: Even the Pittsburgh Pirates get luckyThe Pittsburgh Pirates were once 20-8, don't forget that. But since then, Ben Cherington has failed to put a winning product on the field, and extended manager Derek Shelton prematurely.Austin Hedges, one of the Pirates many rental players ...
1970-01-01 08:00
Boots and dog tags Alan Alda wore on ‘M-A-S-H’ sell at auction for $125,000 that will go to charity
The combat boots and dog tags Alan Alda wore while playing the wisecracking surgeon Hawkeye on the beloved television series “M-A-S-H” have sold at auction for $125,000
1970-01-01 08:00
Niger military coup: What you need to know
After the elected president is overthrown, here’s why it matters for the region, Russia and the West.
1970-01-01 08:00
ECB Says Leveraged Loans Shown to Be Riskier in Banking Stress Test
The European Central Bank said a review of lenders’ leveraged finance exposures showed them to be riskier than
1970-01-01 08:00
Travis Scott drops 'Utopia,' his first album since the Astroworld festival tragedy
Rapper Travis Scott released his first album in five years on Friday, the 19 track “Utopia."
1970-01-01 08:00