Soccer-Chelsea given huge fine for breach of financial rules

FILE PHOTO: Soccer Football - Premier League - Chelsea v Brentford - Stamford Bridge, London, Britain - December 15, 2024 General view of a corner flag inside the stadium before the match REUTERS/Hannah Mckay/File Photo

(Reuters) -Chelsea have been fined 31 million euros ($36.50 million) by UEFA for breaches of its financial rules, while Aston Villa, Barcelona and Olympique Lyonnais were also levied with large fines, UEFA announced on Friday.

The punishments come with the potential for far harsher fines down the road, with Chelsea, who agreed to a four-year settlement with UEFA's Club Financial Control Body (CFCB), risking being hit with a further 60 million euros if they do not get their finances in order.