Everton was the first, but according to reports out of England, Chelsea and Manchester Citycould follow as the Premier League cracks down on financial irregularities in the league.
Both clubs are under investigation and if found guilty the sanctions could be the harshest in Premier League history. The clubs, like Everton, are suspected of financial irregularities.
Manchester City is accused of 115 financial irregularities, but the case could not be settled until about two years from now. In the case of Chelsea, the new owners were the first to report irregularities.
Chelsea’s new ownership group were the first to point out that during Roman Abramovich’s reign substantial payments that would have broken Premier League rules were made.
Raheem Sterling of Manchester City battles for possession with Malang Sarr of Chelsea during the Premier League match between Manchester City and Chelsea at Etihad Stadium on January 15, 2022 in Manchester, England. (Photo by Laurence Griffiths/Getty Images)
At the moment, the Premier League have not charged Chelsea as of yet but if found guilty the points deduction could be a 30-point ban. The same applies to Manchester City.
UEFA or FIFA has not filed charges against both clubs either, Chelsea has a lot of question marks as the club spent over $1 billion on new players in less than one year, and how all that transfer spend meets regulation guidelines is up for review.
Kelvin Loyola is a seasoned content writer and journalist at Bolavip, boasting over 15 years of experience in sports journalism and marketing. He has covered a wide array of sports including the USMNT, MLS, Premier League, LaLiga, Serie A, Ligue 1, and Liga MX, as well as the NBA, MLB, NHL, and various entertainment topics. Prior to his journalism and marketing career, Kelvin worked in post-production, contributing to numerous movie, television, and digital projects. He also brings expertise in project management, social media, and web development. A graduate of Queens College with a degree in Media Studies, Kelvin is bilingual, fluent in both English and Spanish. His passions extend beyond his career to include soccer, marketing, photography, surfing, and pop culture, particularly comics.
