Youth products are irrelevant to the financial irregularities being investigated though.

Iirc, a lot of it is under the table payments to agents for established players, like Eden, to ensure the deal gets past the finish line.

Then you go down the granular levels and start counting if the money even actually dented FFP for those years. The Guardian article indicated off-the books payments of ‘tens of millions’ over a decade… Which considering Chelsea’s spending in those years is pretty much just a rounding error. The UEFA charges are already a wash because they can only look back over 3 years.

Everton’s case is cut and dry, they repeatedly failed FFP. Man City’s financial doping is also in similar figures.

Most of Chelsea’s big money doping happened long before FFP was even implemented properly.

Before the UAE they had another dodgy Billionaire for a hot minute.

Thakskin I think? He was the one who started the big spending, though the names they got then were a bit iffy.