LONDON, July 31 -- CHELSEA have been fined £10 million ($13m) and handed a suspended two-window transfer ban after admitting 74 breaches of Football Association agents rules.

The club were initially given a suspended six-point deduction along with the fine but following a successful appeal, the points penalty has now been replaced by the suspended transfer ban.

The breaches relate to FA regulations covering agents, working with intermediaries and third party investment in players.

The clubs new owners self-reported the breaches to the football authorities in 2022, when they were in the process of buying the club from Russian billionaire Roman Abramovich.

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