Image source, Getty Images
Chelsea finished fourth in the Premier League last season
Chelsea have been charged by the Football Association with 74 alleged rule breaches related to payments to agents between 2009 and 2022.
The charges are primarily focused on events which occurred between the 2010-11 to 2015-16 seasons.
The alleged rule breaches are around agents, intermediaries and third-party investments in players.
Chelsea have until 19 September to respond.
Russian oligarch Roman Abramovich was in control of the club from 2003 to 2022. He sold Chelsea to a consortium led by American investor Todd Boehly and private equity firm Clearlake Capital last year.
"During a thorough due diligence process prior to completion of the purchase, the ownership group became aware of potentially incomplete financial reporting concerning historical transactions and other potential breaches of FA rules," a Chelsea statement read.
"Immediately upon the completion of the purchase, the club self-reported these matters to all relevant regulators, including the FA.
"The club has demonstrated unprecedented transparency during this process, including by giving comprehensive access to the club's files and historical data."