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Chief executive Richard Masters has confirmed the Premier League is investigating Chelsea regarding “historic” financial issues that the club reported. It was reported on Tuesday the Blues are the subject of a Premier League investigation for alleged breaches of financial regulations during Roman Abramovich’s time at the club. Current owners Todd Boehly and the Clearlake Capital Consortium, who took over last summer after Abramovich was forced to sell following sanctions as a result of Russia’s invasion of Ukraine, reportedly flagged the potential issue to the Premier League and Football Association themselves. That now appears to have been confirmed by Masters, who said: “We don’t comment on investigations unless they are out in the public domain. You obviously know who has been charged, that much is clear. “We have been pretty open about the historic issues with regard to Chelsea because they self-reported to the Premier League and to the FA so it is obvious we are looking into that.” UEFA announced last month it had been approached “proactively” by the club, who agreed to pay 10million euros (£8.57million) to Europe’s governing body after owning up to “incomplete financial reporting” between 2012 and 2019. We have been pretty open about the historic issues with regard to Chelsea because they self-reported to the Premier League and to the FA so it is obvious we are looking into that. Richard Masters Chelsea said in a statement at the time their new owners became aware of potential impropriety when carrying out a “thorough due diligence process” prior to the purchase. According to reports, no charges have yet been brought by the Premier League, but, even though the allegations relate to a previous ownership, possible sanctions could include a fine or points deduction if the club are found guilty of any wrongdoing. Chelsea have been contacted for comment. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live

Lebanese security officials and the militant Hezbollah group say a truck belonging to Hezbollah overturned on a mountain road near Beirut and was followed by a shooting that left two people dead

One of rock’s greatest songwriters and musicians, Robbie Robertson, has died at 80

Uganda's President Yoweri Museveni on Wednesday accused the World Bank of using money to try to "coerce" the government over...

French veteran Gael Monfils stunned fourth seed Stefanos Tsitsipas at the ATP Toronto Masters on Wednesday, winning in straight sets to...

Syrian President Bashar Assad has slammed Turkey and blamed Ankara for the uptick in violence in his war-torn country

The discovery of an illegal medical lab in central California by a code enforcement officer has unleashed an uproar in a rural community and fed anti-Chinese rumors online

Gun safety groups are joining together to endorse President Joe Biden in 2024, as the president continues to push for stricter gun laws as a major part of his political platform that was all but unthinkable for Democrats even a few years ago

Josh Bell homered twice and drove in four runs, Bryan De La Cruz hit the go-ahead shot in the ninth and the Miami Marlins rallied late for a 5-4 victory over the Cincinnati Reds

In a sign of growing strains between the world’s two biggest powers, President Joe Biden has signed an executive order to block and regulate U.S.-based investments going toward China for advanced computer chips, micro electronics, quantum information technologies and artificial intelligence

A federal prosecutor has told jurors that evidence would show a former chief of staff to longtime Illinois House Speaker Michael Madigan lied to a grand jury to protect his boss

By Matthew Lewis (Reuters) -Robbie Robertson, the guitarist and main songwriter in The Band, the Canadian-American group known for songs