Manager Eddie Howe led Bournemouth to the Championship title in 2015 and they have been in the Premier League ever since
Bournemouth will pay £4.75m to the Football League to settle a Financial Fair Play (FFP) dispute, arising from their promotion to the Premier League in the 2014-15 season.
The Cherries had originally expected to be fined £7.6m after accruing huge losses as they won the Championship.
But they now have settled on a lower figure.
The EFL said the club “did not make any deliberate attempt to infringe the rules or to deceive”.
Source: bbc.com
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