Chelsea official: It has reached a settlement agreement with UEFA and agreed to pay the fine

July 5th Chelsea issued an official statement on the fine of UEFA, saying that it had reached a settlement agreement with UEFA and agreed to pay the fine.

Chelsea official wrote: "The club has reached a settlement agreement with UEFA for violating the 'break-even' requirement in the UEFA fiscal sustainability regulations, involving the fiscal years of 2022/2023 and 2023/2024 seasons."

"In addition, since the club's lineup cost ratio in the 2024 fiscal year is between 80% and 90%, the club also agreed to pay a fine."

"The club stated that it has cooperated closely and transparently with UEFA to explain the financial report in a comprehensive and detailed manner. The data shows that the club's fiscal performance is showing a strong and upward trend. The club attaches great importance to its relationship with UEFA and believes that it is very important to properly resolve the matter as soon as possible by signing the settlement agreement.