The charge relates to the Premier League club's signing of young Southampton defender Calum Chambers for around 16 million pounds ($24.8 million) last year.
With barely days to go before the new season starts, the English Premier League has many new things to look forward to.
A complete list of players who will be seen in action and not (all transfer fees undisclosed unless stated, estimated cost in millions of dollars).
West Ham United have bolstered their defensive options with the signing of England fullback Carl Jenkinson from Arsenal on a season-long loan, the Premier League club said on Thursday.
Having finally treated their long-empty trophy cabinet to some FA Cup silverware last season, Arsenal have splashed the cash ahead of the new Premier League campaign to improve a squad that could now be capable of pushing for loftier titles.
Arsenal trio Alexis Sanchez, Danny Welbeck and Tomas Rosicky will miss next week's Premier League Asia Trophy.
Cech's solid 'keeping and Liverpool's staunch defence ensured the match ended in a goalless stalemate
Sergi Canos and Christian Norgaard scored midway through each half to spark wild celebrations by the home fans who have waited so long to take their place in their new 17,500-capacity home and even longer to watch top-flight football.
Jose Mourinho's first Premier League game as manager of Manchester United ended in a comfortable 3-1 victory away to Bournemouth on Sunday.
Arsenal coach Arsene Wenger will be without right back Mathieu Debuchy for a "longer period" of time and is struggling with defensive options for their Champions League group opener against Dortmund.
League leaders Chelsea were made to battle for a narrow 2-1 win over strugglers Queens Park Rangers at Stamford Bridge as they maintained their unbeaten start in the Premier League on Saturday.
Arsenal manager Arsene Wenger has risked angering frustrated fans by saying the under-performing London club do not need any January signings if everyone in the current squad stays fit.
Wenger has until Friday to respond to the charge.
Chelsea's unbeaten start to the season ended with a dramatic 2-1 defeat at Newcastle United; Champions Manchester City took full advantage of Chelsea's surprise reverse to cut the gap at the top.
Liverpool frustrated by 10-man Arsenal in League Cup semi stalemate
IMAGES from the EPL matches played on Sunday
Arsenal beat Brighton and Hove Albion 3-2 to reach the FA Cup fifth round.
Manchester City took a major step towards retaining their Premier League title with a 1-0 win over second-placed Chelsea on Saturday, opening up a 13-point lead at the top of the table for Pep Guardiola's side.
Images from the Premier League matches played on Thursday.
The 24 sides through from the group phase join the eight third-placed finishers in the Champions League in Monday's draw, including Manchester United and Ajax Amsterdam.
IMAGES from the English Premier League matches played on Sunday
Liverpool flirted with what would have been an embarrassing low in their poor start to the season as they were taken to penalties by fourth tier Carlisle United, but came through to reach the League Cup fourth round on Wednesday.
Images from Saturday's action in the Premier League.
Newcastle United's Papiss Cisse struck twice in a 2-1 victory against English Premier League leaders Chelsea.
Images from the English Premier League London derby played between Arsenal and Chelsea at the Emirates on Wednesday
Arsenal ended Leicester City's brief stay at the top of the Premier League on Sunday despite being held to a 0-0 draw at Stoke City after Manchester United's Wayne Rooney struck late for a 1-0 win at Liverpool.
IMAGES from the English Premier League matches played on Tuesday
News of all that's transpired on and off the football field
'I think it's unacceptable what he does to Koscielny. He pushes him down, he hits him in the face. I do not understand Mike Dean's decision at all. Why does Diego Costa stay on the pitch and Gabriel is sent off?' 'If you want to speak about Diego Costa with me, it's just to say he played like he has to play and that's why you have full stadiums, you sell to television around the world for millions and millions because the game has to be played like that'
Images from Saturday's action in the English Premier League.
News of all that transpired on and off the football field on Friday
Images from English Premier League matches played on Sunday.
News of all that's transpired on and off the football field
For Manchester United, the answer to a slump in form or a crisis of confidence comes in 50 pound notes. Millions of them.
Real Madrid earned their first-ever win over Liverpool with a wondrous Cristiano Ronaldo goal spearheading a 3-0 Champions League victory at Anfield on Wednesday which appeared as classy as it was dominant.
Jose Mourinho maintained his hold over Arsene Wenger with leaders Chelsea enjoying a routine 2-0 win over Arsenal on Sunday after the two old adversaries became involved in an ugly touchline spat.
Manchester United stretched their unbeaten run to 11 games in all competitions after Daley Blind, in-form striker Zlatan Ibrahimovic and substitute Henrik Mkhitaryan gave them a 3-1 home win over Sunderland on Monday. Left back Blind fired United ahead with a crisp 39th-minute shot after Ibrahimovic teed him up perfectly. The towering Swede doubled the lead with a clinical 82nd-minute finish for his 17th goal of the season. Fit-again Mkhitaryan put the icing on the cake with a spectacular backheel effort after a sharp Ibrahimovic cross from the right, although television replays suggested the Armenian was marginally offside. Striker Fabio Borini gave Sunderland fans something to cheer with a dipping late volley.