The English Football Association has accused Chelsea of 74 alleged breaches of transfer agent regulations between 2009 and 2022, when the club was owned by Russian billionaire Roman Abramovich, Sky Sports reported.
The majority of cases relate to the seasons between 2010/11 and 2015/16. The Premier League is also conducting its own investigation.
The FA said the west London club has until September 19th to respond to the allegations.
The club's statement said that Chelsea itself reported possible irregularities after a new ownership group took over the club on May 30, 2022.
"During the due diligence process, it was discovered that financial statements from previous years were incomplete, and potential breaches of the rules were immediately reported to the relevant regulators. The club has shown unprecedented transparency and will continue to work with the FA to bring the case to a swift conclusion," the statement said.
In July 2023, Chelsea reached an agreement with Uefa and paid £8,6 million (€10 million) for "incomplete financial reporting" during the Abramovich era, after the new ownership group proactively provided documentation to European football's governing body.
A month later, Premier League chief executive Richard Masters confirmed an investigation was underway into the club's "historic" financial irregularities.
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