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BREAKING: Chelsea handed huge fine by UEFA for breaching FFP rules as Aston Villa also punished

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UEFA have slapped Chelsea with a £27million fine for financial breaches. And the punishment comes with the potential for harsher sanctions, with further breaches of UEFA's financial rules putting the Blues at risk of a further £60m fine.

Premier League rivals Aston Villa have also been hit with a fine, of £9.5m. Again, further breaches could put the Villans at risk of a further £15m fine in future.

The Blues have been hit with a financial penalty after breaching financial sustainability rules in the year's ending 2023 and 2024. Chelsea have agreed settlements with the First Chamber of the Club Financial Control Body (CFCB) which will see the club be put under the microscope for four years.

Chelsea will also be subject to restrictions on the registration of new players on their List A for UEFA competitions such as the Champions League, Europa League and Conference League.

READ MORE: Chelsea's FIFA Club World Cup prize money to date after Enzo Maresca admission

READ MORE: Man Utd grant five players' exit requests as Marcus Rashford loses shirt number

There will be more to follow on this breaking news story and Mirror Sport will bring you the very latest updates, pictures and video as soon as possible.

Please check back regularly for updates on this developing story.

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