Chelsea have been fined a record total of 10.75 million pounds ($14.3 million) for historical breaches of the Premier League's ​regulations, when Roman Abramovich was the owner, the league said on Monday.

The club have also been hit with a one-year first-team transfer ‌ban, suspended for two years, as well as an immediate nine-month academy transfer ban.

According to Reuters, that the Premier League said Chelsea's current owners voluntarily reported in 2022 that they had evidence of a potential breach of the rules relating to third-party payments and financial reporting.

It said the club also ​reported a potential breach of Academy rules in 2025.

"The Premier League has concluded two separate disciplinary processes involving Chelsea ​Football Club, following the club voluntarily self-reporting potential historical breaches of rules," the league said.

Following an investigation, ⁠the Premier League said it had established that between 2011 and 2018, undisclosed illicit payments by third parties associated with Chelsea were made ​to players, unregistered agents and other third parties.

"These payments were not disclosed to the football regulatory authorities at the time, including ​the Premier League. The payments were made for the benefit of Chelsea FC and should have been treated as having been made by the club," the Premier League said.

The Premier League’s report identified several transfers linked to the undisclosed payments, including deals involving Eden Hazard, Samuel Eto’o, Willian, Ramires, David Luiz, André Schürrle and Nemanja Matić.

The breaches came to light after the club’s new owners conducted an internal review following their takeover in 2022 and self-reported the potential violations to football authorities.

Chelsea confirmed their cooperation in a statement, saying the club had treated the investigation “with the utmost seriousness” and provided full assistance to regulators.

Chelsea made at least 36 payments to 12 people or companies,with over £23 million going to unregistered agents linked to player transfers.

The names involved include Eden Hazard, Ramires, David Luiz, Andre Schurrle, and Nemanja Matic.

Notably, more than £19 million was spent to bring Willian and Samuel Eto’o from Russian club Anzhi Makhachkala in 2013.

The league confirmed that no current Chelsea staff were involved in these old payments.

It’s a reminder of how complicated and expensive football transfers can be.

Chelsea’s full cooperation with football authorities has led to 74 FA rule breaches being charged last September.

The club expects to face a fine rather than any sporting punishment, thanks to the new owners’ proactive approach.

UEFA also settled with Chelsea over the 2022 disclosures, with the club paying €10.6 million (£9.2m).

Chelsea says it “voluntarily shared potential historical rule breaches, including old financial reporting issues.”

In short, Chelsea is showing that being upfront or even about past mistakes, can make moving forward a bit easier.