Chelsea has been fined £10 million and banned from making two transfers. This is not very fair, and it brings the FA into dispute. Chelsea has breached the PSR, and the club should be banned or have points deducted.
It seems that the FA has given them fewer sanctions, and these sanctions are nothing compared to what Leicester and Everton got when both clubs had points deducted; they had to fight for relegation, and Leicester ended up being relegated from the league.
Chelsea under Abramovic bought players when they were not earning revenue, which they claimed in their financial records. Abramovic was financing the transactions for these players, and that was the reason why they were able to assemble a talented squad during the Mourinho reign and win a lot of trophies. After Abramovic sold the club, it was not investigated, and there were no sanctions, even though there were questions about how he bought the club and the Premier League and the FA didn’t implement any sanctions.
When Todd Boehly and his associates bought the club, they were still allowed to carry on with big transactions for transfers and reward players with lucrative contracts to balance the financial books. The Premier League and the FA might need to look at this again and impose further sanctions that will ensure that such acts are not repeated.