Chelsea news ban
You're referring to the recent news about Chelsea FC being banned from European competitions for the next two seasons!
Here's a summary of the situation:
On February 14, 2022, the Union of European Football Associations (UEFA) announced that Chelsea FC had been banned from participating in European competitions, including the Champions League and Europa League, for the next two seasons (2022-2023 and 2023-2024). The ban was imposed due to breaches of UEFA's Financial Fair Play (FFP) regulations.
The ban was a result of Chelsea's failure to comply with FFP rules, which aim to ensure that clubs operate within their means and do not accumulate excessive debt. Chelsea had been accused of overstating their revenue and understating their expenses in their financial reports.
The club has appealed the decision and is currently awaiting the outcome of the appeal process. If the ban is upheld, Chelsea will not be able to participate in European competitions for the next two seasons, which could have significant implications for the club's finances and competitiveness.
It's worth noting that the ban does not affect Chelsea's ability to participate in domestic competitions, such as the Premier League and FA Cup.