The Football Association (FA) has released a statement regarding 74 charges against Chelsea FC.

The charges relate to alleged breaches of the FA's rules and regulations, specifically regarding youth player transfers and payments.

According to the FA, Chelsea has been accused of failing to ensure that youth players were not involved in matches while they were still under contract with the club.

The FA has also accused Chelsea of making payments to youth players and their families in relation to their transfers.

The charges are serious and could potentially lead to a significant points deduction for Chelsea if they are found guilty.

A points deduction would have a significant impact on Chelsea's position in the league table, potentially affecting their chances of competing for titles and European qualification.

The FA will now investigate the charges and gather evidence before making a decision on the club's guilt or innocence.

Chester FC has until January 20th to respond to the charges and provide their side of the story.