“The Premier League has concluded two separate disciplinary processes involving Chelsea Football Club, following the club voluntarily self-reporting potential historical breaches of rules,” a statement by the league said.
“Two sanction agreements have been ratified by an independent commission under which Chelsea FC has accepted fines totalling £10.75m for breaches of the Premier League’s rules relating to financial reporting, third-party investment and youth development.
“The club has been sanctioned by the Premier League with an immediate nine-month academy transfer ban and a suspended one-year first-team player transfer ban (suspended for two years).”
The period during which the rule-breaking occurred was between 2011 and 2018, during Roman Abramovich's tenure at the club.
During that period, payments to third parties were made that were not disclosed to the Premier League, which the league said benefited Chelsea.