Chelsea say they have been “proactive and transparent” in their dealings with UEFA after they were fined for breaching financial regulations. The Blues were one of four Premier League clubs sanctioned by the sporting body for having a squad cost ratio above 70 per cent, alongside Aston Villa, Newcastle United and Nottingham Forest.The Club Financial Control Body (CFCB) imposed a £2.6 million (€3m) fine on the club, although £1.7m (€2m) of the fine has been suspended as part of a settlement agreement.Chelsea were slapped with a whopping £27m (€31m) fine last year after failing to comply with UEFA’s squad cost ratio (then 80 per cent) and football earnings rule. They entered into a stringent compliance agreement with the CFCB, requiring them to reduce their costs. It also restricted them from registering new players to their A list for UEFA competitions unless they have a positive transfer balance, i.e. the cost of signing players does not exceed what they bring in from sales.The west London outfit were warned that further breaches could result in up to £52m (€60m) in additional fines, but UEFA noted in Tuesday’s announcement that “the CFCB First Chamber took into consideration the improving trend in their squad cost ratio between 2024 and 2025”.Therefore, part of the fine was suspended, but this is conditional on them continuing to significantly reduce their squad cost ratio in 2026.Read – Chelsea receive huge compensation package from Man City (adsbygoogle = window.adsbygoogle || []).push({});Chelsea respond to UEFA fine following latest financial breachIn statement released on Tuesday, Chelsea said: “Chelsea FC can confirm that the UEFA Club Monitoring process for season 2025/26 has concluded and UEFA has today published its outcome concerning the Club’s compliance position in relation the squad cost ratio for the 2025 calendar year.“Following proactive and transparent engagement with UEFA, the UEFA Club Financial Control Body (CFCB) recognised the improving trend in the Club’s squad cost ratio for the 2025 calendar year. However, as the 70% threshold for UEFA’s Squad Cost Ratio was narrowly exceeded, a fine will be paid.”Read – World Cup Group Stage Awards: Magic Messi, French firepowerSee Also – Every record broken in the 2026 World Cup group stageFollow the Football Faithful on Social Media:Facebook | Instagram | Twitter | YouTube | TikTokThe post Chelsea respond to UEFA fine following latest financial breach first appeared on The Football Faithful.