UEFA are set to hand fines to both Chelsea and Aston Villa after the two Premier League clubs breached the European football governing body's stringent financial rules.

Chelsea and Aston Villa are both set to receive penalties for breaching UEFA's financial rules - but La Liga giants Barcelona are facing tougher sanctions. The pair of Premier League clubs are expected to be fined by European football's governing body over first-time breaches.

Chelsea are said to have exceeded UEFA's limits on financial losses for last season, as they wouldn't allow the Blues to declare the income which came selling their women's team. It was sold to sister company Blueco 22 Midco Limited for a world-record £200million in a move which raised eyebrows.

Unlike the Premier League, however, UEFA's don't let clubs to declare income from selling assets to sister companies. Chelsea said in April that they'd 'entered into discussions regarding mitigating factors affecting their regulatory submissions'.

Villa, too, are understood to have breached the limits, according to the Times. UEFA allows teams to lose a maximum of €200m (£170m) over a three-year period. Deductions can be made by the club for spending on youth and women's teams as well as on their stadium and facilities.

Last year, Villa were fined £52,000 submitting their accounts late. It serves as another blow after Unai Emery's side narrowly missed out on qualifying for the Champions League.