Premier League furious at 'irresponsible' Cole and 'rash' Chelsea

Extracts from the statement from the Premier League's independent commission:

We consider it unacceptable that a player (and agent) should approach another club in the Premier League - contrary to the rules and contrary to the expectations of Arsenal who were entitled to expect loyalty from a player they have nurtured from boyhood to a glittering career. We recognise Cole was manipulated to a large extent by his agent. Nevertheless, he attended willingly. We accept that this is the only blot on a hitherto exemplary career. It is unlikely Cole will ever be tempted to behave in this manner again. In imposing the fine, we intend that other players who may be tempted to act in a similar fashion will be deterred from such irresponsible behaviour. We impose a fine of £100,000.

Ashley Cole

We consider it unacceptable that a player (and agent) should approach another club in the Premier League - contrary to the rules and contrary to the expectations of Arsenal who were entitled to expect loyalty from a player they have nurtured from boyhood to a glittering career. We recognise Cole was manipulated to a large extent by his agent. Nevertheless, he attended willingly. We accept that this is the only blot on a hitherto exemplary career. It is unlikely Cole will ever be tempted to behave in this manner again. In imposing the fine, we intend that other players who may be tempted to act in a similar fashion will be deterred from such irresponsible behaviour. We impose a fine of £100,000.

Chelsea Football Club

A club with the international standing enjoyed by Chelsea have a responsibility to behave within Premier League rules. We consider it unacceptable that Chelsea saw fit to respond to an invitation extended by Pini Zahavi and Jonathan Barnett. It was a rash and dangerous course to take and did bring the club into disrepute in the eyes of other clubs. In imposing the sanction we do, we intend to deter other clubs who may be tempted to act in a similar fashion. A fine of £300,000 and three points will be deducted, only to be activated in the event of a rule K3 offence being committed during the 2005-06 Premier League season.

Jose Mourinho

Jose Mourinho played a pivotal role in the events leading up to and during the 27 January meeting. He agreed to accompany Peter Kenyon, when he should have realised the implications of the meeting and declined to go. The presence of the manager was vital because he was the key component in the discussion. Managers are fully aware of their obligations and he acted in blatant disregard of the [rules]. In imposing the penalty, we aim to send a clear message to other managers that this conduct must not occur. Fine - £200,000.

The Agents

It is a matter of regret that two of the most involved participants are not eligible to be dealt with by [us]. We recommend responsible bodies should investigate the roles of Pini Zahavi and Jonathan Barnett.