Leaked documents have raised concerns over the financial practices of Chelsea FC and its owner, Roman Abramovich. The Premier League club could potentially face a points deduction as evidence suggests that secret payments made by Abramovich may have breached football rules. These hidden transactions, worth tens of millions of pounds, were allegedly routed through offshore accounts and may have violated "financial fair play" regulations. The payments are believed to have benefited various individuals associated with the club, including former manager Antonio Conte and star players. The Premier League is already investigating Chelsea's finances from 2012 to 2019, and UEFA has fined the club £8.6 million over incomplete financial information. The latest revelations have sparked further scrutiny into Abramovich's compliance with football regulations.

Secret Payments and Off-Book Funds

The leaked documents, uncovered through the Cyprus Confidential investigation, reveal a series of secret payments and off-book funds. One notable transaction involves a business deal between Abramovich's company, Conibair Holdings, and Italian football agent Federico Pastorello. Conibair paid £10 million for a majority stake in a US-based business fund, which coincided with Chelsea announcing a new contract for manager Antonio Conte. Other payments are linked to the signings of players such as Willian and Samuel Eto'o. The documents also raise questions about the signing of midfielder Bertrand Traore.

Wider Implications and Alleged Links to Putin's Inner Circle

Aside from the financial irregularities, the leaked files also allegedly link Abramovich to a secret £26 million deal in 2010. These documents suggest that shares in a Russian advertising company were transferred for less than their true value, with the proceeds benefiting two individuals connected to Russian President Vladimir Putin. Abramovich, who has faced sanctions from the UK and EU over his ties to Putin, now faces further scrutiny over his business dealings.

The Premier League investigation into Chelsea's finances, along with ongoing inquiries by UEFA and the Football Association, will determine the extent of any potential punishment for the club. A points deduction could have significant consequences for Chelsea's performance in the current season and their future prospects in the Premier League.