BREAKING NEWS: According to Football finance expert: “Only suitable punishment” has some bad news for Chelsea. The Blues will be PUNISHED in accordance with the investigation’s findings and will have to respond to inquiries about payments made during the Roman Abramovich era. This had gotten Todd Boehly frustrated.
Everton has been fined ten points for the financial irregularities in question, and Chelsea and Manchester City will probably be very curious to see how the Premier League judges their own business practises from the previous few years.
The Blues will be punished in accordance with the investigation’s findings and will have to respond to inquiries about payments made during the Roman Abramovich era.
Football finance expert Kieran Maguire believes that the residents of west London may be facing some difficult times in the future.
“I believe that the offence must be punished, and in the UK, the veil of incorporation maintains a company’s separation from its owners,” he stated to Football Insider.
Consequently, Chelsea, not Todd Boehly or Roman Abramovich, would face legal action. The appropriate punishment for Chelsea if they are found guilty is a deduction of points.
“I can appreciate Boehly’s annoyance and frustration about that, but if clubs could get out of trouble by switching owners, we would see them rack up fines, tamper with the regulations, and then look for a scapegoat to acquire the team.
“Well, that needs to be taken into account, and the only appropriate penalty seems to be a point deduction.”
According to Footballwave, Todd Boehly, the club’s current owner, won’t be too thrilled about any punishment because it has to do with transactions that took place before he joined the team.
While that makes sense, questions about the transfer business conducted during the American’s tenure and the source of funding for different transactions are bound to arise eventually.
When compared to nearly every other team in the division, the club’s approach to transfer business during Boehly’s tenure has been haphazard.
Undoubtedly, one must inquire as to why that is.
This particular saga is expected to last for some time because, in any case, we can be sure that the club’s legal department will be all over any ruling if it goes against them.
