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Chelsea 'could face a points deduction' as Premier League launch investigation into MILLIONS paid to secret offshore companies in the Roman Abramovich era, after new owners reported the issues

Chelsea could face severe sanctions after the Premier League launched an investigation into payments made to secretive off-shore companies between 2012 and 2019.

According to The Times, the club's new owners uncovered a series of irregular transactions during the takeover process and alerted the FA, Premier League and UEFA to their findings.

Despite any potential rule breach taking place during the Roman Abramovich era, the Blues, under the Todd Boehly-led Clearlake Capital-backed consortium, could receive harsh punishments from the Premier League in the form of fines and points deductions.